2. As of noon trading, Cognizant Technology Solutions Corporation ( CTSH) is up $1.81 (2.88) to $64.74 on heavy volume Thus far, 3.8 million shares of Cognizant Technology Solutions Corporation exchanged hands as compared to its average daily volume of 2.6 million shares. The stock has ranged in price between $62.83-$65.09 after having opened the day at $62.90 as compared to the previous trading day's close of $62.93.

Cognizant Technology Solutions Corporation provides information technology (IT), consulting, and business process outsourcing services worldwide. The company operates through four segments: Financial Services; Healthcare; Manufacturing, Retail, and Logistics; and Other. Cognizant Technology Solutions Corporation has a market cap of $18.6 billion and is part of the technology sector. The company has a P/E ratio of 17.8, above the S&P 500 P/E ratio of 17.7. Shares are down 17.0% year to date as of the close of trading on Monday.

TheStreet Ratings rates Cognizant Technology Solutions Corporation as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, largely solid financial position with reasonable debt levels by most measures, reasonable valuation levels, impressive record of earnings per share growth and compelling growth in net income. We feel these strengths outweigh the fact that the company has had lackluster performance in the stock itself. Get the full Cognizant Technology Solutions Corporation Ratings Report now.

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