Infosys Technologies Limited (ADR) (INFY)

MizPoe (60.32) Submitted: 4/13/07 12:41 PM : Start Price: $53.52 INFY Score: -19.90

Infosys is one of the prime players in the burgeoning outsourced technology services industry. Competition is stiff (with privately held Tata leading the field), but INFY's numbers are extremely solid with tremendous current sales numbers, growing ROA, EPS, and equity rates. EPS growth rate estimates are running 30% over the next five years. INFY has exhibited strong, steady growth by all major measures of corporate health for at least the past ten years. Its CEO, Shri. Narayana Murthi, is one of the company's founders, and is one of the original creators of India's famed IITs. He has lived and breathed this business all his working life. He is not only an engineer, but also a true visionary. 20% of INFY stock is held by insiders. Price of the stock has recently suffered from concerns about inflation in India and the rupee/dollar exchange rate. I estimate that this stock is easily worth $100/share. Over short periods, it's quite volatile. But over periods of 1 year or more, INFY's stock price has consistently risen 25-30% per year. At its current price of $55/share, IMHO it's a bargain and a great bet.

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