XSW

The Outlook For The U.S. Economy Is Bullish

CGI Looks Fully Valued Here, But M&A Opportunities May Be Attractive

CGI Inc. Provides consulting and outsourcing services globally. The global market for digital transformation consulting is expected to reach $235 billion by 2031, driving growth for CGI. A larger portion of CGI's revenue is generated from outsourcing services, which have proven to be more stable than its consulting segment. The company appears fully valued at its current price of around $106. I'm on Hold for CGI until clients increase their discretionary spending.

U.S. equities see the largest net buying since late February - GS

U.S. Equities see the largest net buying since late February - Goldman Sachs. The S&P 500 was down for the third straight week and traded lower for six straight sessions. Bitcoin-sensitive stocks, winners of the last 12 months underperformed. Overall U.S.-based equities saw the biggest net buying of the year.

Weekly Report: what happened at XSW last week (0415-0419)?

Weekly Report: what happened at XSW last week (0408-0412)?

Cognizant's Bookings Sag As Client Demand Remains Soft

Cognizant Technology Solutions Corporation (CTSH) is a global consulting company that provides a range of services. The firm's bookings growth has recently rolled over as client spending remains soft. Cognizant's market for digital transformation strategy consulting is expected to reach $235 billion by 2031. I remain Neutral on CTSH on an uncertain global demand outlook for the firm's growth.

Tailwinds In Tech

William Blair: We are in a new demand cycle for tech hardware. Smartphones and PCs are still the largest end-markets, but their outlook is improving. AI presents a second avenue of growth for many of these Taiwanese companies, says Hiraman. The past year’s gains in Taiwan tech were primarily driven by increases in stock valuations.

Why Information Technology Model N Shares Are Surging Today

Model N, Inc. Shares are trading higher after the company announced Vista Equity Partners will acquire it for $1.25 billion. Vista will acquire all the outstanding shares of Model N for $30.00 per share. The deal is expected to close in mid-2024.