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Stocks Under $10 with 50-100% upside potential - 14 days FREE!

Cognizant to Break Through on Economic Improvement

We like the stock as we believe we are seeing signs of economic improvement on a global basis. We are still able to pick up shares while the company's business is being held back by macroeconomic considerations. Upon lifting this weight, we believe the company's business should return to faster growth and may be complimented by better penetration of offshoring in new and existing geographies, growing business in under-penetrated industry verticals and the emergence of a greater variety of offered services (including traditional consulting).

The company has many potential catalysts. Also, historical execution points to the company's ability to achieve greater growth than what the stock is currently discounting. This is why we believe the stock is a buy.

--Written by Bryan Ashenberg in New York City.

In keeping with TSC's editorial policy, Bryan Ashenberg doesn't own or short individual stocks. He also doesn't invest in hedge funds or other private investment partnerships. He appreciates your feedback; click here to send him an email.
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