Wednesday, November 2, 2011

Cognizant, Accenture Are Pricey IT Plays

Demand for information technology services is growing much faster than the 2.5%
rate of the U.S. economy. But is there an opportunity to invest in leading
providers such as Cognizant Technology Solutions (NASDAQ: CTSH ) or Accenture
(NASDAQ: ACN )? On Wednesday morning, Cognizant it cleverly splits its people
between business process specialists in the U.S. and other countries near
clients and programmers in India reported great results. In the third quarter,
Cognizant reported adjusted EPS of 80 cents per share, beating forecasts by

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