1. How to use GuruFocus - Tutorials
  2. What Is in the GuruFocus Premium Membership?
  3. A DIY Guide on How to Invest Using Guru Strategies

David Rolfe Comments on Cognizant

January 27, 2014 | About:

Cognizant (NASDAQ:CTSH) continued to execute well on its value proposition of providing deep domain expertise for outsourced enterprise IT.  As IT has rapidly evolved in the face of a “devolving” macroeconomic backdrop, outsourcing customers are demanding more value-added services to not only convert fixed IT costs into variable costs, but to improve business agility and drive revenues. Cognizant has aggressively reinvested to meet and exceed these demands, cultivating a relationship-based approach that relies on a much larger on-site presence compared to transactionally-based peers.  In turn, customers have given Cognizant more “wallet share,” to the point where revenues have routinely grown at a 20% clip.  We expect emerging trends, such as the proliferation of mobile IT as well as the perpetual trend of IT infrastructure transformation to drive double-digit growth well into the future.


From David Rolfe (Trades, Portfolio)’s Wedgewood Partners Fourth Quarter 2013 Commentary.

Rating: 0.0/5 (0 votes)


Please leave your comment:

GuruFocus has detected 5 Warning Signs with Cognizant Technology Solutions Corp $CTSH.
More than 500,000 people have already joined GuruFocus to track the stocks they follow and exchange investment ideas.

Performances of the stocks mentioned by

User Generated Screeners

byron codillaValue
pbarker46F Score & 3 year high
grgrassoPrice steadily growing
LarsANDersenBig Returns With Dividend Grow
rharmelinkDividend Stocks with price dec
Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)

GF Chat