Independent research on the U.S. markets, Baptista Research

Baptista Research

Independent research on the U.S. markets

Baptista Research is an independent financial research house focused on the U.S. markets. We provide equity research as well as credit research reports on the top-listed U.S. companies with most of our focus on technology, consumer goods and services, automobiles, industrials, oil and gas, pharma, and healthcare. Our research has served more than 3000 institutional investors including mutual funds, hedge funds, banks, family offices, and various buy-side firms. We operate a research subscription service where institutions, as well as retail investors, can have priority access to all our research. We also have a wide distribution of our research reports across some of the top global financial platforms. Apart from equity research and credit research, we also provide advisory services with respect to mergers & acquisitions (M&A), private equity/ venture capital fundraising, valuation reports, and investment management services for corporates.
Baptista Research is owned and managed by Ishan Majumdar, an ex-Venture Capitalist/ Investment Banker, a Chartered Accountant, and a Masters’ degree holder in Management from HEC Paris. Ishan has nearly a decade of experience in Mergers and Acquisitions, Leveraged Buyouts (LBOs), Venture Capital Investing, Corporate Strategy, and Valuation in front-office roles at the likes of BNP Paribas CIB, Credit Agricole CIB, Groupe Danone, and TIW Private Equity. He has worked on and closed multiple acquisition deals, leveraged buyouts, and start-up investment transactions.

Equity Bottom-Up

Cognizant Tech Solutions A / Equity Bottom-Up

<ul><li>Cognizant Technology Solutions reported its fourth-quarter 2023 results during the earnings conference call.</li><li>The company's Q4 revenue stood at $4.8 billion, aligning with the guidance range provided in the last quarter, despite ongoing macroeconomic pressures.</li><li>However, this represented a year-over-year decrease of 1.7%.</li></ul>

Cognizant Technology Solutions reported its fourth-quarter 2023 results during the earnings conference call.The company's Q4 revenue stood at $4.8 billion, aligning with the guidance range provided in the last quarter, despite ongoing macroeconomic pressures.However, this represented a year-over-year decrease of 1.7%.

Cognizant Technology Solutions: Solid  Investment in AI and Automation Technologies! - Major Drivers

<ul><li>Cognizant Technology Solutions Corporation delivered a mixed result in the recent quarter, with revenues below market expectations, but it surpassed the analyst consensus regarding earnings.</li><li>Q3 revenue reached $4.9 billion, aligned with guidance, and exhibited a sequential growth of 20 basis points year-over-year.</li><li>Despite headwinds, the company reported a modest 0.8% revenue growth or a slight decline of 20 basis points in constant currency.</li></ul>

Cognizant Technology Solutions Corporation delivered a mixed result in the recent quarter, with revenues below market expectations, but it surpassed the analyst consensus regarding earnings.Q3 revenue reached $4.9 billion, aligned with guidance, and exhibited a sequential growth of 20 basis points year-over-year.Despite headwinds, the company reported a modest 0.8% revenue growth or a slight decline of 20 basis points in constant currency.

Cognizant Technology Solutions Corporation: Navigating Economic Storms - A Tale of Resilience and Innovation! - Major Drivers

<ul><li>Cognizant Technology Solutions managed to exceed the revenue expectations as well as the earnings expectations of Wall Street.</li><li>The company exceeded expectations in the second quarter for adjusted operating margins and revenue at the high end of its target range.</li><li>We give Cognizant Technology Solutions Corporation a 'Hold' rating with a revised target price.</li></ul>

Cognizant Technology Solutions managed to exceed the revenue expectations as well as the earnings expectations of Wall Street.The company exceeded expectations in the second quarter for adjusted operating margins and revenue at the high end of its target range.We give Cognizant Technology Solutions Corporation a 'Hold' rating with a revised target price.

Cognizant Technology Solutions: Launch Of Cognizant Ocean & Other Major Drivers

Equity Capital Markets

Cognizant Tech Solutions A / Equity Capital Markets

<ul><li>It was a successful first quarter for Cognizant Technology Solutions.</li><li>The adjusted operating margin for the first quarter was 14.6%, and the company had quarterly solid bookings growth of 28% YoY.</li><li>We give Cognizant Technology Solutions Corporation a 'Hold' rating with a revised target price.</li></ul>

It was a successful first quarter for Cognizant Technology Solutions.The adjusted operating margin for the first quarter was 14.6%, and the company had quarterly solid bookings growth of 28% YoY.We give Cognizant Technology Solutions Corporation a 'Hold' rating with a revised target price.

Cognizant Technology Solutions: Launch of Cognizant Neuro AI Platform & Other Drivers

Technical Analyst, Vermilion Research

Joe Jasper

Technical Analyst

Technical and Quantitative Research

Vermilion Research

Vermilion’s objective is to deliver timely, actionable, and unique technical research to professional investors through the application of our various technical indicators.

Our research strategists seek to highlight securities which we believe are at major inflection points, based on our various technical and quantitative indicators, and offer asymmetric risk/return profiles. Our unique research methodology, centered on relative strength, enables our strategists to deliver superior investment recommendations.

Our process begins by organizing the universe of actively traded stocks into discrete sectors, then into industry groups. We then apply our technical and quantitative tools to identify developing price trends. Once attractive trends are identified within a selected sector or group, we screen for individual stocks which we believe offer the best risk/reward profile. We provide a historical perspective that often reveals, through our long-term charts, how price patterns often repeat themselves over time.

Technical Analysis

First Trust Dj Internet Ind / Technical Analysis

<ul>
<li>Last week (8/22/23) we discussed our expectations for an oversold bounce due to an overwhelming number of indexes/Sectors/industries testing multi-month supports, combined with Treasury yields and the DXY testing resistance.</li>
<li>The bounce has begun with the SPP ending higher last week for the first time in a month, and it is possible we have seen the lows for this pause/pullback.</li>
<li>A meaningful correction cannot happen if the SPX is above 4300-4325, but we would not be surprised to see another month or more of consolidation between 4300 and 4600.</li>
</ul>


Last week (8/22/23) we discussed our expectations for an oversold bounce due to an overwhelming number of indexes/Sectors/industries testing multi-month supports, combined with Treasury yields and the DXY testing resistance.
The bounce has begun with the SPP ending higher last week for the first time in a month, and it is possible we have seen the lows for this pause/pullback.
A meaningful correction cannot happen if the SPX is above 4300-4325, but we would not be surprised to see another month or more of consolidation between 4300 and 4600.


Oversold Bounce Underway Amid Consolidation Phase; Buys in IT Consulting, Uranium, Technology

United States

Cognizant Technology Solutions Corporation provides custom Information Technology (IT) consulting and technology services as well as outsourcing services. The Company's core competencies include technology strategy consulting, complex systems development, enterprise software package implementation and maintenance, data warehousing and business intelligence.

Cognizant Tech Solutions A (CTSH US)

Cognizant Technology Solutions: Solid Investment in AI and Automation Technologies! - Major Drivers

Cognizant Technology Solutions reported its fourth-quarter 2023 results during the earnings conference call. The company's Q4 revenue stood at...

Baptista Research

Cognizant Technology Solutions Corporation: Navigating Economic Storms - A Tale of Resilience and Innovation! - Major Drivers

Cognizant Technology Solutions Corporation delivered a mixed result in the recent quarter, with revenues below market expectations, but it...

Baptista Research

Cognizant Technology Solutions: Launch Of Cognizant Ocean & Other Major Drivers

Cognizant Technology Solutions managed to exceed the revenue expectations as well as the earnings expectations of Wall Street. The company...

Baptista Research

Cognizant Technology Solutions: Launch of Cognizant Neuro AI Platform & Other Drivers

It was a successful first quarter for Cognizant Technology Solutions. The adjusted operating margin for the first quarter was 14.6%, and the...

Baptista Research

Oversold Bounce Underway Amid Consolidation Phase; Buys in IT Consulting, Uranium, Technology

Our 8/22 expectations for oversold bounce coming to fruition as major multi-month supports hold $SPX $DJI $XLK $ACWI, & Treasury yields $TNX $TYX...

Vermilion Research