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Bullish Case: Q4 earnings beat, continued large deal momentum and low voluntary attrition suggest strong fundamentals and potential revenue growth.


Bearish Case: Currently trading lower from historical levels, high P/B ratio, and recent selling by insiders could indicate potential overvaluation and a bearish outlook.


Potential Outcomes: Higher-than-expected future earnings (40%). Legal or regulatory changes impacting operations (30%). Macro-economic shifts affecting sector (30%).


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April 11, 2024


Cognizant Technology Forecast

CTSH        Cognizant Technology
Price Forecast: BEARISH    Price Action: MEAN REVERTING (?)











Correlated Stock Forecasts

Assets that tend to move strongly with CTSH



GPN Forecast + Options Trading Strategies   GPN  Global Payments (0.94)


WDAY Forecast + Options Trading Strategies   WDAY  Workday (0.93)


TWST Forecast + Options Trading Strategies   TWST  Twist Bioscience (0.91)


ELAN Forecast + Options Trading Strategies   ELAN  Elanco Animal Health (0.91)


MSCI Forecast + Options Trading Strategies   MSCI  MSCI (0.91)



Uncorrelated Stock Forecasts

Assets with little price relationship to CTSH



TNDM Forecast + Options Trading Strategies   TNDM  Tandem Diabetes Care (-0.0)


YUM Forecast + Options Trading Strategies   YUM  Yum Brands (-0.0)


ZUO Forecast + Options Trading Strategies   ZUO  Zuora (-0.0)


F Forecast + Options Trading Strategies   F  Ford Motor (-0.01)


BG Forecast + Options Trading Strategies   BG  Bunge (-0.01)



Anticorrelated Stock Forecasts

Assets that tend to move strongly against CTSH



DXD Forecast + Options Trading Strategies   DXD  ProShares UltraShort Dow30 (-0.84)


UVXY Forecast + Options Trading Strategies   UVXY  ProShares Ultra VIX Short-Term Futures (-0.84)


SDOW Forecast + Options Trading Strategies   SDOW  ProShares UltraPro Short Dow30 (-0.85)


VXX Forecast + Options Trading Strategies   VXX  iPath Series B S&P 500 VIX Short-Term Futures (-0.86)


VIXM Forecast + Options Trading Strategies   VIXM  ProShares VIX Mid-Term Futures (-0.86)





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