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What is the best Indian IT outsourcing stock?-- Matthew from Chicago
: Right now my favorite Indian IT outsourcing company is
Cognizant Technology Solutions
, which is actually headquartered here in the United States. Cognizant is a fairly expensive stock at 44 times earnings, but the company is growing more than 40% a year and is heavily levered to the high-growth financial and health care sectors.
: With Chesapeake I was referring to the common stock, which has the ticker CHK.
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