This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

5 Stocks David Einhorn Bought -- and So Should You

Computer Sciences Corporation

Content on this page requires a newer version of Adobe Flash Player.

Get Adobe Flash player

It's been a mixed year for Computer Sciences Corporation (CSC - Get Report). The $4 billion IT services firm is up on the year, but it's seen a large decline in share prices since the stock peaked in February. This morning, CSC reported a first-quarter earnings beat and has gained over 15% so far on the news.

Einhorn and company certainly saw additional upside in CSC. The firm added the position to its portfolio at the start of the year, picking up 2.4 million shares worth almost $72 million at last count.

CSC is involved in everything from consulting to systems integration and business outsourcing; if it's related to enterprise IT, it's probably part of CSC's service offerings. The firm is also a core contractor of IT services to the Federal Government, a lucrative business that others (especially defense contractors) are vying for right now.

>>5 Hated Stocks Set to Soar on Earnings

While that increased competition over nearly a third of CSC's revenue stream will pose some challenges, the firm's entrenched position in the IT contracting space should give it an edge over rivals who are only just now starting their IT contracting arms.

Meanwhile, CSC's commercial business is starting to catch some tailwinds as enterprise IT spending ramps back up. Pipeline bookings of around $14 billion should help to smooth out the economic hiccups that are happening all around right now.
2 of 6

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free

Check Out Our Best Services for Investors

Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
CSC $33.13 -0.57%
DST $120.68 0.12%
EXPE $115.77 8.21%
MRVL $9.98 -4.41%
STX $21.77 -19.07%


Chart of I:DJI
DOW 17,773.64 -57.12 -0.32%
S&P 500 2,065.30 -10.51 -0.51%
NASDAQ 4,775.3580 -29.9330 -0.62%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs