August 2, 2011

METRO PCS COMMUNICATION (PCS) DIVING

Metro PCS (PCS) has lost about one-third of its value today on bad earnings. The reaction to earnings of Metro PCS stock is over done.

Metro PCS admitted that churn may increase in Q3. On any further pull back, Metro PCS is a buy.

If and when all six screens of the ZYX Change Method are satisfied we will issue a buy signal in real-time on the Real Time Feed of the ZYX Buy Change Alert.… Please click here or the title below to read more.

August 2, 2011

COGNIZANT TECHNOLOGY (CTSH) SWIMMING AGAINST THE CURRENT

Cognizant Technology (CTSH) reported %0.72 vs $0.66. Cognizant sees FY11 EPS of $2.98 vs consensus of $2.78. Cognizant is an IT outsourcer with most of its operations concentrated in India. The Indian rupee is getting stronger against euro and U.S. dollar. Wages in India are also rising rapidly. Cognizant is facing macro headwinds. Other Indian IT outsourcers such as Infosys (INFY) have already lowered their expectations.

Conservative investors may want to take advantage of the strength and sell Cognizant. If Cognizant continues to rise, it will become a candidate for a short sell. If and when it is appropriate, we will provide an actionable signal in real-time on the Real Time Feed of the ZYX Short Sell Change Alert.… Please click here or the title below to read more.

August 2, 2011