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Cognizant Partners with Google: Is CTSH Stock Worth Buying?

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Cognizant Partners with Google: Is CTSH Stock Worth Buying?

Cognizant Technology Solutions Corporation (CTSH) saw its shares rise 6.2% after expanding its partnership with Alphabet's (GOOGL) Google Cloud. This broader collaboration brings Gemini Enterprise to more clients while also strengthening Cognizant's own internal use of the technology. The company plans to roll out Gemini Enterprise and Google Workspace to 100,000 AI associates this year, then expand access to 200,000 over time, while certifying at least 10,000 professionals.

Cognizant's Rise

  • CTSH shares have fallen 47.4% over the past 52 weeks.
  • The stock declined 48.9% year-to-date (YTD).
  • The selling pressure also remained intense over shorter periods as the stock dropped 30.4% over the past three months and another 20% over the last month. Still, the tide has started to turn as CTSH stock climbed 9.6% over the past five trading sessions.
  • This powerful partnership between Cognizant and Google seems to justify investment in CTSH stocks, but for investors, the real question will be the impact of this partnership on stock performance.
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