Bernard Horn Comments on Infosys Ltd.

Guru stock highlight

Oct 14, 2015

Information technology company Infosys, Ltd. (NYSE:INFY) was among the top contributors for the quarter, as it announced stellar quarterly results and notable growth rates. Issues that previously plagued Infosys, Ltd. dissipated. Attrition declined due to targeted measures by management to provide employees with better training and salaries. Legal battles over the visa program concluded, with no findings of misuse by Infosys, Ltd. The stock price responded, up approximately 20% during the quarter.

From Bernard Horn (Trades, Portfolio)'s third quarter 2015 shareholder letter.

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