StockReports+ is a Thomson Reuters service that helps investors pick equities by simplifying the process of evaluating stocks, finding new trading ideas, and understanding trends affecting markets and industries. Globe Unlimited subscribers get unlimited access to these reports from about 7,000 companies, which normally retail for $25 each.
Shares in CGI Group Inc., the Montreal-based IT services company, had enjoyed a nearly uninterrupted, five-year stock run until the botched Obamacare website spurred a sell-off last October. CGI is a key contractor for the healthcare.gov website, and sentiment for the stock wilted - even though the fiasco had very little impact on company revenues.
While it has recovered from its lows of late January, CGI shares are still well below their 52-week high of $41.47. This StockReports+ report suggests the stock should continue to be on investors’ radar screens.
StockReports+ gives each stock an average score that combines the quantitative analysis of six widely-used investment decision-making tools: earnings, fundamentals, relative valuation, risk, price momentum and insider trading. CGI Group has an average score of 10 out of 10, and is currently among a group of only 73 stocks with that top ranking. It’s held that top score since April 6.
Read more in this comprehensive report.
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