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Cognizant Technology Solutions ( CTSH), a provider of offshore software development, mainly in India, is Goldman's top pick in the information-technology sector, with a quality score of 93, the second-highest in the rankings. It's expected to post 20% earnings per share growth in 2012.

Cognizant's shares have a three-year average annual return of 58%, giving it a $19 billion market value.


Ecolab ( ECL), a producer of cleaning and sanitation products for the hospitality and health-care markets, gets Goldman's highest ranking of all 50 stocks, with a quality score of 94. It's expected to post earnings growth of 17% in 2012.

S&P downgraded Ecolab two notches Monday, saying its acquisition of Nalco Holdings last week increased its debt leverage and that, along with a $1 billion share buyback program, is expected to raise the company's financial risk. S&P now rates Ecolab at triple-B-plus. Its outlook is stable.

Ecolab's shares have a three-year average annual return of 16%, resulting in a market value of $12 billion.

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>>To see these stocks in action, visit the 10 Stocks Gloomy Goldman Sachs Is Bullish On portfolio on Stockpickr.
Disclosure: TheStreet's editorial policy prohibits staff editors and reporters from holding positions in any individual stocks.

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