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Relatively Good Performance Detected in Shares of Ibm in the IT Consulting & Other Services Industry (IBM , CTSH , DOX , SAIC , ACN )

By Amy Schwartz

We looked at the IT Consulting & Other Services industry and measured relative performance to find the top stocks. Relative outperformance is a bullish sign of underlying fundamental and technical strength. We look at yesterday's price action of all companies in this peer group.

Ibm (NYSE:IBM ) ranks first with a gain of 4.61%; Cognizant Tech-A (NASDAQ:CTSH ) ranks second with a gain of 1.06%; and Amdocs Ltd (NASDAQ:DOX ) ranks third with a gain of 1.01%.

Science Applicat (NYSE:SAIC ) follows with a gain of 0.62% and Accenture Plc-A (NYSE:ACN ) rounds out the top five with a gain of 0.52%.

SmarTrend recommended that subscribers consider buying shares of Accenture Plc-A on May 22nd, 2019 as our technology indicated a new Uptrend was in progress when shares hit $180.29. Since that recommendation, shares of Accenture Plc-A have risen 7.5%. We continue to monitor Accenture Plc-A for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: relative performance cognizant tech-a amdocs ltd science applicat accenture plc-a