YieldPilot

CTSH - selloff seems overdone

Long
YieldPilot Updated   
NASDAQ:CTSH   Cognizant Technology Solutions Corporation
CTSH has consistently produced ROE of 18-20%, and now trades at a P/E of around 12. The selloff seems overdone. Target Price 67.
Trade closed: target reached:
During the last week CTSH reached our short-term target. We still like it for the longer term.

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