Cognizant Technology Solutions Corporation (CTSH) continued its upward trend with the stock climbing 1.42% or $0.8 to close the day at $57.32 on light trading volume of 3.56M shares, compared to its three month average trading volume of 6.22M. The Teaneck New Jersey 07666 based company has been underperforming the business software & services group over the past 52 weeks, with the stock losing -1.39%, compared to the industry which has advanced 16.2% over the same period. With RSI of 62.13, the stock should still continue to rise and get closer to its one year target estimate of $63.26, making it a hold for now.
Cognizant Technology Solutions Corporation provides information technology (IT), consulting, and business process services worldwide. The company operates through four segments: Financial Services, Healthcare, Manufacturing/Retail/Logistics, and Other. Its consulting and technology services include IT strategy consulting, program management consulting, operations improvement consulting, strategy consulting, and business consulting services; and application design and development, systems integration, enterprise resource planning, and customer relationship management implementation services. The company also offers enterprise information management services, such as strategic, advisory, and management consulting; enterprise data management; descriptive analytics/business intelligence; strategic corporate performance management; and packaged analytics services, as well as big data services that assist clients in managing and deriving actionable insights. In addition, it provides application testing services; and develops, licenses, implements, and supports proprietary and third-party software products, as well as offers digital technologies services. Further, the company offers outsourcing services, such as application maintenance services; IT infrastructure services; and business process services, including clinical data management, pharmacovigilance, equity research support, commercial operations, and order management. It serves various industries, including banking and insurance; healthcare and life sciences; manufacturing and logistics; retail, travel, and hospitality; consumer goods; communications; information, media, and entertainment; and technology. The company markets and sells services through its professional staff, senior management, and direct sales personnel. Cognizant Technology Solutions Corporation was founded in 1998 and is headquartered in Teaneck, New Jersey.
Exact Sciences Corporation (EXAS) grew with the stock adding 11.48% or $1.54 to close at $14.95 on active trading volume of 3.55M compared its three months average trading volume of 2.33M. The Madison Wisconsin 53719 based company operating under the Medical Laboratories & Research industry has been trending up for the last 52 weeks, with the shares price now 75.88% up for the period and up by 11.9% so far this year. With price target of $20 and a 220.13% rebound from 52-week low, Exact Sciences Corporation has plenty of upside potential, making it a hold with a view buy.
Exact Sciences Corporation, a molecular diagnostics company, focuses on developing products for the early detection and prevention of various cancers. The company develops the Cologuard, a non-invasive stool-based DNA screening test for the early detection of colorectal cancer and pre-cancer. Its Cologuard test includes a protein marker to detect blood in the stool, utilizing an antibody-based fecal immunochemical test. The company has a collaboration, license, and purchase agreement with Genzyme Corporation, as well as with MAYO Foundation for Medical Education and Research for developing tests to detect lung, pancreatic, and esophageal cancers. Exact Sciences Corporation was founded in 1995 and is headquartered in Madison, Wisconsin.
Gentex Corporation (GNTX) managed to rebound with the stock climbing 2.02% or $0.58 to close the day at $20.27 on higher than average trading volume of 3.54M shares, compared to its three month average trading volume of 2.14M. The Zeeland Michigan 49464 based company has been outperforming the auto parts companies by 18.6726% for last three months and its recent gains have pushed the stock slightly up 5.03% YTD, versus the auto parts industry which is up 2.99% for the same period. The RSI of 72.82 indicates the stock is overbought at the current levels, sell for now.
Gentex Corporation designs, develops, manufactures, and markets automatic-dimming rearview mirrors and electronics for the automotive industry; dimmable aircraft windows for the aviation industry; and commercial smoke alarms and signaling devices for the fire protection industry worldwide. It offers automotive products, including interior and exterior electrochromic automatic-dimming rearview mirrors, automotive electronics, and interior and exterior non-automatic-dimming rearview mirrors with electronic features for automotive passenger cars, light trucks, pick-up trucks, sport utility vehicles, and vans for original equipment manufacturers, tier one automotive mirror manufacturers, and various aftermarket and accessory customers. The company also provides photoelectric smoke detectors and alarms, audible and visual signaling alarms, electrochemical carbon monoxide detectors and alarms, and bells and speakers for use in fire detection systems in office buildings, hotels, and other commercial and residential establishments. Gentex Corporation sells its fire protection products directly, as well as through sales managers and manufacturer representative organizations to fire protection and security product distributors, electrical wholesale houses, and original equipment manufacturers of fire protection systems. The company was founded in 1974 and is headquartered in Zeeland, Michigan.