Top 9 AI Stocks Making Waves Today

6. Concentrix Corp. (NASDAQ:CNXC)

Number of Hedge Fund Holders: 29

Concentrix Corp. (NASDAQ:CNXC) is an information technology services company that designs, builds, and runs integrated customer experience (CX) solutions. It provides CX process optimization, technology innovation, front- and back-office automation, analytics, and business transformation services. The company delivered better-than-expected first-quarter fiscal 2025 results on March 25, which affirmed revenue growth and artificial intelligence leadership.

Revenue in the quarter was up 1.3% year-over-year to $2.37 billion as diluted earnings per share increased by about 9% to $2.79. The solid financial results came as Concentrix Corp. (NASDAQ:CNXC) successfully deployed GenAI solutions at scale, positioning itself as a leader in the burgeoning landscape. Concentrix remains on track to deliver revenue growth while expanding margins and growing free cash flow.

“Our first quarter results demonstrate our progress as we win quality business and take advantage of GenAI opportunities, leveraging our unique technology and service capabilities to drive our clients’ success,” said Chris Caldwell, President and CEO of Concentrix.“