Jim Cramer Says Tech Might Be “Favored” & Discusses 13 Stocks

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11. Cognizant Technology Solutions Corporation (NASDAQ:CTSH)

Number of Hedge Fund Holders In Q4 2024: 31

Cognizant Technology Solutions Corporation (NASDAQ:CTSH) is a technology services consulting firm. The shares are flat year-to-date and have gained a modest 4% over the past year. Cognizant Technology Solutions Corporation (NASDAQ:CTSH)’s shares have been on a downward trend since mid-February as they have lost 16%. While AI has created a new software industry, the non-AI software sector has continued to struggle due to the impact of inflation and high interest rates on business spending. As for Cramer, here’s what he thinks about Cognizant Technology Solutions Corporation (NASDAQ:CTSH):

“Very important company. Very good company. Good booking. Very smart.”

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