iGATE Corp (NASDAQ:IGTE)
The Company is a worldwide provider of information technology and offshore outsourcing services to large and medium-sized organizations.
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Unfairly beaten down.
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I think this is a phenomenal company with fantastic management, terrific growth prospects, and very good financial strength/capital structure. However, is anybody else worried about the fact that 35% of their revenues come from a single company? Between the their top two customers, they account for almost 54% of revenues.
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Buying opportunity today. Going to be huge in India.
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Caps home Down
67 56 66
91 97 97
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11/22/2010 IBD #2
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one of the best stock. May be future infosys
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iGate is a baby Infosys. While Infosys recently suffered, iGate is increasing revenues, beating estimates and hiring like crazy.
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good balance sheet good earning
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I've seen this stock listed in a few other Fool articles. And it was one of 5 that showed up on a stock screener with tight criteria.
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MFI following, all have negative Fool ratios but impressive 3 month gains
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nice balance sheet, looks like a solid company
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Info Tech is growing !!
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Companies will be looking for efficiency gains in the midst of a slumping economy. Firms like iGate will become increasingly valuable, and will see prosperity in the midst of tough economic times.
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Technology is meant to rise and everything else, I say everything else has to go under. I tech is evolution
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0.55 peg ratio and a low 19 p/e gives this stock with good fundies room to run on growth of the multiple alone.
Target $11.50 y-o-y
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I regret not rating this stock earlier when it first caught my eye. What drew me to it was its great price to sales ratio. I think trends in outsourcing favored the stock, but I was wary of the sector. Technology has taken a big hit, but today the sector seems primed for a major recovery. iGate should do well.
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Igate to outperform the market and reach its 52 week hihg by Aug. 25th
Cash on hand is above average with little dept.
I rate Igate as a strong BUY!
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Technology is going to conintue to grow specially over seas.
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India, outsourcing
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