Infosys Grabs AI Implementation Contract: How to Play the Stock?

Infosys (INFY) shares have gained 26.9% in the year to date period, outperforming the Zacks Computers - IT Services industry's return of 10.7%. INFY stock has also outperformed the Zacks Computer and Technology Sector and the S&P 500 index's return of 24.2% and 20.7%, respectively, in the year to date period. This outperformance reflects investors' confidence in INFY's financials, innovative product launches and steady flow of customer wins. Recently, Old National Bank has extended its agreement with Infosy ...