Top 9 AI Stocks to Watch Amid DeepSeek Frenzy

7. Cognizant Technology Solutions Corporation (NASDAQ:CTSH)

Number of Hedge Fund Holders: 39

Cognizant Technology Solutions Corporation (NASDAQ:CTSH) is a leading IT provider offering consulting technology and outsourcing services. It provides customer experience, robotic process automation, analytics, and AI services in areas such as digital lending. The company delivered impressive fourth-quarter and full-year results on February 6th thanks to solid AI investments.

Cognizant Technology Solutions Corporation (NASDAQ:CTSH) logged a 6.7% year-over-year increase in revenue in Q4 to $5.1 billion, as full-year revenue increased 1.9% to $19.7 billion. The robust revenue growth came as Cognizant Technology expanded its AI capabilities by introducing platforms like Flowsource, Neuro Edge, and Neuro Cybersecurity, enhancing its service offerings. Chief Executive Officer Ravi Singisetti has confirmed investments in AI are on course to enhance productivity and innovation. Cognizant Technology already has 1,200 AI projects, all focused on cloud migration data modernization and agentification. Its AI products are designed to help clients accelerate digital transformation.