10 Mid-Cap IT Stocks Outperforming The Market In 2025

4. Kyndryl Holdings Inc. (NYSE:KD) 

Kyndryl Holdings Inc. is an IT infrastructure services provider that offers core enterprise & zCloud services, digital workplace services, network & edge services, cloud services, and other services. It provides its services to technology, retail & travel, financial, automotive, and media & telecom industries. The stock is up 20% this year but has already doubled in the last year.

Kyndryl has signed several important deals in 2024, essentially driving the optimism behind the stock. While a $2 billion agreement was the highlight of the year, nearly a dozen other deals amounting to over $100 million each have made investors realize the company can make consistent and stable income. The CEO believes this response from the company is proof that the company’s investments and vision are bearing fruit. As IT systems grow more and more complex by the day, Kyndryl’s ability to manage these systems will become increasingly relevant.

Despite shrinking revenues, the company was able to increase its gross profit, which suggests active efforts to run the business more efficiently. A healthy and growing cash flow, together with short-term liquidity of $4.5 billion, position the company strongly for a good year ahead.