Infosys Demonstrates Opportunity
[PostStockWidget pricetype="live" manual_date="Nov. 21, 2012, 2:04pm GMT" symbolcodes="'INFY'" symbolprices="43" div_align="right"]
Infosys Limited (INFY) provides IT services in business consulting, technology, engineering and outsourcing services. Its solutions include consulting and systems integration comprising consulting, enterprise solutions, systems integration and advanced technologies; business information technology (IT) services consisting application development and maintenance, independent validation services, infrastructure management, engineering services comprising product engineering and life cycle solutions and business process management; products, business platforms and solutions. Infosys is based in India.
INFY is trading at a valuation that is slightly higher than when the market had sold off in late 2008. INFY has a smooth and predictable growth in earnings (white line) which illustrates its high quality.
INFY trades at 13.8X earnings and pays a 1.47% dividend. Their Return on Capital (ROC) is 39.9% and they have an earnings yield of 11.7% with a market capitalization of $24 billion.
LOW VALUATION IN INFOSYS AT $ 43.00 (INFY, $42.75)
The Purple Chips target is $CAD 75.00 in 12 to 18 months
