Top 10 Sliver Companies To Invest In 2016: iGATE Corporation(IGTE)
iGATE Corporation provides outsourced information technology (IT) and IT-enabled operations solutions and services worldwide. The company offers various services that include development and maintenance of software application; implementation and support of enterprise applications; package evaluation and implementation; re-engineering; data warehousing; business intelligence; analytics; data management and integration; software testing; IT infrastructure management; business and technology consulting; and enterprise software and systems integration, as well as quality assurance services and product engineering services. It also provides business process outsourcing, transaction processing, and customer interaction services. The company serves various industries, including insurance and healthcare, manufacturing, retail and logistics, banking and financial services, communications and utilities, media and entertainment, life sciences, and product engineering. It has India, Canada, the United States, Europe, Mexico, Singapore, Malaysia, Japan, Australia, the United Arab Emirates, South Africa, Turkey, South Korea, China, Switzerland, and the United Kingdom. iGATE Corporation was founded in 1996 and is headquartered in Fremont, California.
Advisors' Opinion:- [By Omar Venerio]
The company has a current ROE of 19.09%, which is higher than the industry median and the ones exhibited by CGI Group (GIB) and Amdocs (DOX). In general, analysts consider ROE ratios in the 15-20% range as representing attractive levels for investment. So for investors looking those levels or more, Teradata (TDC) could be the option. For more attractive ROE, Gartner (IT) and Igate (IGTE) have extremely good ratios. It is very important to understand this metric before investing and it is important to look at the trend in ROE over ti! me.
- [By Garrett Cook]
Technology shares gained around 1.13 percent in Tuesday’s trading. Top gainers in the sector included iGATE (NASDAQ: IGTE), up 7.7 percent, and Camtek (NASDAQ: CAMT), up 9.8 percent.
- [By Seth Jayson]
iGATE (Nasdaq: IGTE ) reported earnings on April 11. Here are the numbers you need to know.
The 10-second takeaway
For the quarter ended March 31 (Q1), iGATE beat slightly on revenues and crushed expectations on earnings per share.
source from Top Stocks For 2015:http://www.topstocksblog.com/top-10-sliver-companies-to-invest-in-2016.html
