Published on 4 Oct 2023 on Zacks via Yahoo Finance

CTSH or WIT: Which Is the Better Value Stock Right Now?

Investors looking for stocks in the Business - Software Services sector might want to consider either Cognizant (CTSH) or Wipro Limited (WIT). But which of these two stocks is more attractive to value investors? We'll need to take a closer look to find out.

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 Zacks Rank favors stocks with strong earnings estimate revision trends, and our Style Scores highlight companies with specific traits.

Right now, Cognizant is sporting a Zacks Rank of #2 (Buy), while Wipro Limited has a Zacks Rank of #3 (Hold). This system places an emphasis on companies that have seen positive earnings estimate revisions, so investors should feel comfortable knowing that CTSH is likely seeing its earnings outlook improve to a greater extent. But this is only part of the picture for value investors.