Cognizant Technology Solutions Corp Class A
CTSH: XNAS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
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| ^mK | LOCK|>MS>y | LOCK|^sc&%F< |
Cognizant Earnings: Expanded AI Partnerships Should Fuel Long-Term Growth; Shares Undervalued
Cognizant's first-quarter revenue grew 4% in constant currency. Operating margin of 16% was stable from previous quarters. First-quarter bookings growth of 21% was healthy and in line with its Indian IT service counterparts, bringing trailing 12-month bookings to a new high of $29.6 billion.
