|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||889.10 - 901.95|
|52 Week Range||860.00 - 1,082.70|
|PE Ratio (TTM)||943.47|
|Dividend & Yield||N/A (N/A)|
|1y Target Est||1,014.35|
Silicon Valley titans want to tell you that unless Trump opens the borders and sings kumbaya to foreign labor, all the smart tech workers -- most of which hail from India -- will head back East. No they won't. And here's why.
BMO Capital Markets' Keith Bachman and his team check in with the software and IT services industry today from a valuation perspective, writing that Adobe (ADBE) and DXC (DXC) are still their favorite stocks. Bachman writes that although Adobe's guidance was disappointing, the stock still looks attractive, given that the its next-twelve-months enterprise value to free cash flow valuation is 24.3 times, below its two-year average of 25 times.
75% of the $60 billion market for business analytics gets spent on consultants who help pull data from many sources into data warehouses. Growing at 300%, Incorta slashes the need for such consultants -- that could be bad for Infosys and Accenture.