CTSH's industry (Software: Consulting) is very competitive and Cognizant ranks among the leaders. The next few years may deliver some margin erosion (wage inflation in India as one source) but the outlook is still quite bright. We have the projected… More
http://stockmarketbeat.com/blog1/2008/02/18/ctsh-still-wary-about-cognizant-after-strong-earnings-report/For 2008, Cognizant is guiding for 17,000 to 20,000 additional net recruits, which amounts to about 33% growth in headcount.Meanwhile, the… More