Change seldom comes easy, particularly when the underlying market
conditions are challenging. With multiple reports and warnings pointing
to a tough environment overall in tech and companies like Accenture (NYSE:ACN) seeing more challenging conditions in outsourced IT, Infosys (Nasdaq:INFY)
has some headwinds. At the same time, the company's fiscal fourth
quarter results suggest some self-inflicted wounds. While the shares
look undervalued on a long-term basis, it may be a rocky ride if
near-term results don't get meaningful better soon.
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