Wipro Limited (ADR) (NYSE:WIT)
A global IT services company provides a comprehensive range of IT services, software solutions, IT consulting, BPO services and research and development services in the areas of hardware and software design to the companies worldwide.
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Recs
I like the company. Sound financials, good diversification within the services area, expanding overseas. I see growth in the forseeable future. My concern though is higher wages in the Indian software industry.
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Outsourcing of white-collar jobs to Asia will only accelerate, and Wipro is one of the largest and best organized of the options available. Their biggest threat is rising Indian wages relative to China, but China is still much harder to do business with for American firms.
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Growth, Large aquisition, more partnerships. Undervalued when compared to other India tech stocks
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Excellent Business Model with diverse revenue streams to help it grow at fast ... and stay above water when IT spends are cut ...
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The company stealing my job.
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Outsourcing sucks! So, if you can beat ‘em join ‘em. (Is just me or do Indian companies carry less debt than their US counterparts???)
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buy and hold
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trade freedom.
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If other Indian companies in the info technology sector are any judge, this stock has room to run. Great leadership and strong financials.
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Sound fundamentals in a long-term growth industry.
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Love the recent acquisitions, setting themselves up to be a major player around the globe
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These are among the primary guys you get when you call customer support and get somenone in India. This trend will only continue. Wish I had bought KBAY in same business, up 25% today on buyout
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Outsourcing is becoming big business, and this company is one of the top 5 in India for this. The stock is attractively valued, just beat earnings estimates again, and deserves a higher multiple.
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Outsourcing key to cost control; intellectual property is strong;diverse customer base; engaged leadership
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exceptionaly good software and support company. owner owns more than 75% can be an attractive buy out by a western software company.
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Indian IT services company with lots of talent to develop innovative products and low overhead.
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Great Indian IT Company
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