Published on 20 Oct 2023 on Zacks via Yahoo Finance

CTSH vs. WIT: Which Stock Should Value Investors Buy Now?

Investors interested in stocks from the Business - Software Services sector have probably already heard of Cognizant (CTSH) and Wipro Limited (WIT). But which of these two stocks offers value investors a better bang for their buck right now? We'll need to take a closer look.

There are plenty of strategies for discovering value stocks, but we have found that pairing a strong Zacks Rank with an impressive grade in the Value category of our Style Scores system produces the best returns. The proven Zacks Rank puts an emphasis on earnings estimates and estimate revisions, while our Style Scores work to identify stocks with specific traits.

Right now, Cognizant is sporting a Zacks Rank of #2 (Buy), while Wipro Limited has a Zacks Rank of #4 (Sell). This means that CTSH's earnings estimate revision activity has been more impressive, so investors should feel comfortable with its improving analyst outlook. However, value investors will care about much more than just this.