Cognizant’s Growth Will Come From Europe

Cognizant’s (CTSH) 45,500 employees provide global IT and business process outsourcing services, including in financial services (up 49% YoY), healthcare (up 62% YoY), and retail/manufacturing/logistics (48% YoY). With a 62% YoY growth, the question is will Cognizant maintain its speed into Q4, especially with the current market jitters? Q2 revenue posted at $516.5 million, up

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Web 3.0 & Walt Disney (Part 2)

Vertical Strategy Walt Disney operates various Internet properties that cater to a large cross-section of the society. It’s popular sites are Disney.com, FamilyFun.com, Movies.com, ESPN, etc. We will take a look at the Company’s various online verticals below. Disney operates a host of sites in the entertainment space that caters to both the young and

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QualComm: More on Valuation

By Vijay Nagarajan, Guest Author As I mentioned in my last article, QCOM has been pro-actively chasing more silicon with diversification efforts and aggressive development. There are a some key attributes to note – All the extra growth comes from its semiconductor business. Though at lower margins, it is a no litigation, no risk income.

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Intel Aligned With Multiple Trends

Here’s an update on Intel since my last posts on the company, available here, here (discussion of Intel’s opportunity in the Convergence Device segment) and here (discussion of the multi-core issues). Intel (INTC) recently announced its results for the third-quarter of fiscal 2007 in October. It reported a 15% y-o-y and 16% sequential increase in

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Web 3.0 & Walt Disney (Part 1)

Introduction The Walt Disney Company is a diversified entertainment company. Disney is a Dow 30 company, had annual revenues of over $34 billion in its most recent fiscal year and a market capitalization of about $65.6 billion as of July 31, 2007. Our prior coverage about Disney is here. It operates in four major business

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IAC Restructuring

We did a long coverage on IAC’s strategy, and suggested that IAC needs a restructuring. Well, the company is being split up into five parts, as reported by the WSJ this morning. :: The five companies will be IAC, including Ask.com, Match.com and Citysearch; IAC’s retailing unit that includes the HSN home shopping network, Shoebuy

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ADP Can Become a Powerhouse Through Acquisitions

In a recent post, I covered Paychex. This post will look at its largest competitor, ADP. Automatic Data Processing, Inc. (NYSE: ADP), with nearly $8 billion in revenues, 46,000 employees, and around 585,000 clients in fiscal 2007, is one of the world’s largest providers of business process outsourcing solutions. ADP offers a wide range of

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QualComm: Chasing More Silicon

By Vijay Nagarajan, Guest Author In the previous piece, we reviewed the revenue and valuation impact of potential pitfalls for QualComm. As I mentioned, a sustained future growth seemed tenuous. Let us see how QCOM might address this in the next 2-3 years –