Core Insights - Concentrix Corporation has been ranked 426 on the Fortune 500 list for 2024, improving from 499 in the previous year, indicating sustained growth as a leader in intelligent transformation services [1][2][3] - The recognition reflects the trust clients place in Concentrix and the company's commitment to delivering advanced technology and end-to-end solutions [2][3] - Concentrix serves over 2,000 clients across more than 70 countries, showcasing its global reach and integrated business solutions [3][4] Company Performance - The ranking on the Fortune 500 is a result of Concentrix's robust financial performance and strategic leadership in the technology and services sector [3] - The company has received multiple awards for technology innovation and AI-powered solutions, highlighting its commitment to excellence [2] - Concentrix was recognized as the 1 company on the Inspiring Workplaces Global Top 100 list, emphasizing its strong company culture [2]

Group 1 - Amplitude, Inc. (AMPL) is a notable stock within the Business Services sector, which consists of 270 companies and currently ranks 3 in the Zacks Sector Rank [2] - The Zacks Rank system, which focuses on earnings estimates and revisions, currently rates Amplitude, Inc. as 2 (Buy) [3] - Amplitude, Inc. has seen a 14.7% increase in the Zacks Consensus Estimate for its full-year earnings over the past quarter, indicating improved analyst sentiment [4] Group 2 - Year-to-date, Amplitude, Inc. has returned approximately 17.4%, significantly outperforming the Business Services sector average return of 3.5% [4] - Amplitude, Inc. is part of the Technology Services industry, which includes 129 stocks and currently ranks 48 in the Zacks Industry Rank, with an average gain of 5.2% this year [6] - Another stock in the Business Services sector, LiveRamp (RAMP), has also outperformed the sector with a year-to-date return of 7.4% and a Zacks Rank of 2 (Buy) [5][6]

Group 1 - Marqeta (MQ) is currently outperforming its peers in the Business Services sector, with a year-to-date gain of approximately 39.1% compared to the sector average return of 3.4% [4] - The Zacks Rank for Marqeta is 2 (Buy), indicating a positive outlook based on earnings estimates and revisions, with a 27.5% increase in the consensus estimate for full-year earnings over the past quarter [3] - Marqeta belongs to the Financial Transaction Services industry, which includes 35 companies and has an average gain of 5.3% year-to-date, further highlighting Marqeta's strong performance [5] Group 2 - The Business Services sector consists of 270 individual stocks and currently holds a Zacks Sector Rank of 3, indicating its relative performance among 16 sector groups [2] - Another notable stock in the Business Services sector is AppLovin (APP), which has returned 20.5% year-to-date and has a Zacks Rank of 1 (Strong Buy) [4][5] - The Technology Services industry, to which AppLovin belongs, has a current Zacks Industry Rank of 50 and has moved up by 5.8% year-to-date [6]

Industry Overview - The Zacks Technology Services Industry is performing strongly, ranking in the top 22% of over 240 Zacks industries, with 11 stocks currently rated as Zacks Rank 1 (Strong Buy) [1] CoreCard (CCRD) - CoreCard's stock price is $26, having reached a 52-week high of $28, driven by consistent revenue growth and increased profitability [2] - The company exceeded Q1 EPS expectations by 75%, reporting earnings of $0.28 per share against estimates of $0.16, a significant increase from $0.07 in Q1 of the previous year [2][3] - Institutional investors own 41% of CoreCard's shares, and the company has surpassed the Zacks EPS Consensus for six consecutive quarters, with an average earnings surprise of 119.22% over the last four quarters [3] Dave Inc. (DAVE) - Dave Inc.'s stock price is $217, reflecting a nearly 150% increase year-to-date and a staggering 3,900% gain over the last two years [5][6] - The company has seen record growth since going public in 2022, with projections indicating high-double-digit growth in both revenue and earnings for fiscal years 2025 and 2026 [6] - Dave crushed Q1 EPS expectations by 61%, reporting earnings of $2.48 per share compared to estimates of $1.54, with FY25 and FY26 EPS estimates increasing by over 26% and 31% respectively in the last 60 days [7] Microvast (MVST) - Microvast's stock price is $3, having increased over 90% in 2025 and reaching a one-year high of $4.32 [8] - The company reported a surprise profit of $0.06 per share in Q1, compared to an expected loss of -$0.02, and achieved record Q1 revenue of $116.49 million, exceeding estimates of $103.75 million and up 43% from $81.35 million in the prior period [9] - Microvast is expected to achieve profitability this year, with rapid sales growth indicating strong future earnings potential [9] Conclusion - The positive trend in earnings estimate revisions suggests further upside potential for highly ranked technology services stocks, with CoreCard, Dave Inc., and Microvast identified as viable buy-the-dip candidates due to their significant expansion [13]

CHANTILLY, Va., May 28, 2025 (GLOBE NEWSWIRE) -- Parsons Corporation (NYSE: PSN) chair, president, and chief executive officer, Carey Smith, will present at the William Blair 45th Annual Growth Stock Conference on Tuesday, June 3, 2025, at approximately 11:20 a.m. Central Time. This presentation will be available live via webcast on the investor relations section of Parsons’ website (https://investors.parsons.com/). A replay of the webcast also will be available on the website for 30 days. About Parsons Cor ...

Core Viewpoint - Cognizant Technology Solutions (CTSH) has experienced a 9% increase in shares over the past month, outperforming the broader Zacks Computer & Technology sector's 8.8% increase, driven by an expanding clientele and strong partner base [1] Group 1: Partner Base and Clientele Expansion - The expanding partner base, including companies like Pegasystems, Docusign, NVIDIA, and Amazon, is expected to enhance Cognizant's growth prospects in 2025 [2] - Cognizant secured several contracts in Q1 2025, including a significant deal valued at over $500 million, contributing positively to overall growth [2] - The collaboration with Pegasystems aims to enhance AI services and streamline cloud transformations for joint clients, addressing inefficiencies in legacy systems [3][4] Group 2: AI Capabilities and Portfolio Expansion - Cognizant has advanced its AI capabilities with innovations such as the Neuro AI Multi-Agent accelerator and has engaged in over 1,400 Generative AI projects across multiple clients in Q1 2025 [8] - The company announced the open-sourcing of its Neuro AI Multi-Agent Accelerator to foster collaboration and support scalable deployment of agent networks [9] Group 3: Financial Guidance and Growth Expectations - For Q2 2025, Cognizant expects revenues between $5.14 billion and $5.21 billion, indicating growth of 5.9%-7.4% [10] - The Zacks Consensus Estimate for Q2 2025 revenues is $5.19 billion, reflecting a year-over-year growth of 6.92% [11] - The consensus earnings estimate is $1.25 per share, indicating a year-over-year increase of 6.84% [11]

Momentum investing is all about the idea of following a stock's recent trend, which can be in either direction. In the 'long' context, investors will essentially be "buying high, but hoping to sell even higher." And for investors following this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving in that direction. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades.Even ...

Momentum investing is all about the idea of following a stock's recent trend, which can be in either direction. In the 'long' context, investors will essentially be "buying high, but hoping to sell even higher." And for investors following this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving in that direction. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades.Even ...

The Business Services group has plenty of great stocks, but investors should always be looking for companies that are outperforming their peers. Mirion Technologies, Inc. (MIR) is a stock that can certainly grab the attention of many investors, but do its recent returns compare favorably to the sector as a whole? A quick glance at the company's year-to-date performance in comparison to the rest of the Business Services sector should help us answer this question.Mirion Technologies, Inc. is a member of our B ...

Company Performance - Bright Horizons Family Solutions (BFAM) has gained approximately 16.9% year-to-date, significantly outperforming the average return of 2.5% for the Business Services sector [4] - The Zacks Consensus Estimate for BFAM's full-year earnings has increased by 1.7% over the past quarter, indicating improved analyst sentiment and a stronger earnings outlook [4] - BFAM currently holds a Zacks Rank of 2 (Buy), suggesting a favorable position for potential outperformance in the market [3] Industry Context - Bright Horizons Family Solutions is part of the Business Services sector, which consists of 270 individual stocks and has a Zacks Sector Rank of 4 [2] - Within the Business - Services industry, which includes 26 stocks, BFAM ranks higher with a year-to-date return that exceeds the average gain of 16.8% for this group [6] - In comparison, another stock in the Business Services sector, Dave Inc. (DAVE), has shown a remarkable year-to-date return of 127% and has a Zacks Rank of 1 (Strong Buy) [5][6]