Worth Watching Stocks in Focus: Cognizant Technology Solutions Corp (NASDAQ:CTSH), Fifth Third Bancorp (NASDAQ:FITB)

On Monday, Shares of Cognizant Technology Solutions Corp (NASDAQ:CTSH), subtract -0.85% and shut at $55.10 inside the end purchasing and offering session. The last exchanging scope of the stock ranges amongst $54.68 and $55.67. The business’ commercial center capitalization is $32.95 Billion with the aggregate fabulous loads of 606.70 million. 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 administration consulting, operations improvement consulting, strategy consulting, and business consulting services; and application design and development, systems integration, enterprise resource planning, and customer relationship administration implementation services. The company also offers enterprise information administration services, such as planned, advisory, and administration consulting; enterprise data administration; descriptive analytics/business intelligence; planned corporate performance administration; and packaged analytics services, in addition to 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, in addition to offers digital technologies services. Further, the company offers outsourcing services, such as application maintenance services; IT infrastructure services; and business process services, counting clinical data administration, pharmacovigilance, equity research support, commercial operations, and order administration.

Shares of Fifth Third Bancorp (NASDAQ:FITB), added 0.66% and shut at $28.85 inside the last exchanging session. The rest of the purchasing and offering scope of the stock levels among $25.61 and $25.89. The association’s commercial center capitalization is $20.14 Billion with the general uncommon loads of 755.61 million. Recently, Fifth Third Bancorp (FITB) and the National Community Reinvestment Coalition (NCRC) signed a landmark $30 billion community development plan through 2020. The plan builds on the $27.5 billion community commitment that Fifth Third declared in February 2016, and is the leading by a single bank in recent history.

The plan covers the 10 states in which Fifth Third has branches and follows weeks of negotiations and six meetings between Fifth Third and community groups working with NCRC in Chicago, Charlotte, Cincinnati, Cleveland, Tampa Bay, and Washington, D.C. All told, Fifth Third met with more than 200 community-based organizations.

Leave a Reply

Your email address will not be published. Required fields are marked *