2. As of noon trading, Infosys ( INFY) is up $1.99 (3.7%) to $55.47 on heavy volume Thus far, 1.7 million shares of Infosys exchanged hands as compared to its average daily volume of 2.1 million shares. The stock has ranged in price between $54.31-$55.54 after having opened the day at $54.45 as compared to the previous trading day's close of $53.48.

Infosys Limited provides business consulting, technology, engineering, and outsourcing services worldwide. Infosys has a market cap of $29.2 billion and is part of the technology sector. The company has a P/E ratio of 17.1, below the S&P 500 P/E ratio of 17.7. Shares are up 21.0% year to date as of the close of trading on Friday. Currently there are 3 analysts that rate Infosys a buy, 3 analysts rate it a sell, and 11 rate it a hold.

TheStreet Ratings rates Infosys as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures, reasonable valuation levels, good cash flow from operations and expanding profit margins. We feel these strengths outweigh the fact that the company has had lackluster performance in the stock itself. Get the full Infosys Ratings Report now.

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