JP Morgan, a well-known bank in America had recommended the best IT and BPO services and stocks. Insider Monkey made us a blog posting about "Top IT and BPO Services Stocks Recommended by JP Morgan" for us to read on.
J.P. Morgan published a report entitled “IT and BPO Services” on January 12, 2012. The report isn’t publicly available but we will share its main points. In the report, Tien-tsin Huang, Puneet Jain, and Dick Wei share their opinion of the IT and BPO Services stocks performing better relative to the S&P 500 in 2012. Stocks that have a high mix of offshore delivery, have the ability to cut costs of clients, have high exposure to healthcare, and have investments with a long-term impact on growth profile are preferred. The overall IT services budget is expected to be flat “with a potential for modest declines” as the macroeconomic environment worsens. Here are the stocks discussed in the report: To see the full post about IT and BPO services, visit the website of Insider Monkey.
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