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YieldPilot
Nov 11, 2022 9:00 AM

CTSH - selloff seems overdone Long

Cognizant Technology Solutions CorporationNASDAQ

Description

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.
Comments
BullsEye95
If the S&P index drop we wont see 67 till march 2023 , after that maybe.
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