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Bull of the Day

Amdocs, Ltd. (DOX)

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September 02, 2009 | Comment(s): 0
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DOX

We maintain our Outperform recommendation for Amdocs (DOX - Analyst Report) following its strong results for the fiscal third quarter of fiscal 2009. The company has industry-leading technology integration products for large transformational projects and managed services.

Long-term fundamentals for Amdocs remain firm due to the transition of telecom service providers to converged and consolidated solutions. Amdocs maintains a very strong financial position with healthy order backlog.

Recently, the company has won a series of large managed services contracts in various parts of the world. Except North America, operations in other regions have started gaining momentum.

Amdocs, Ltd. (DOX) : FULL ANALYST REPORT

Bull of the Day
Every day we feature one stock with a Zacks Recommendation of Buy that is set to outperform over the next 6+ months. We also provide you with free access to the in-depth research report on the stock. If you would like to see all our Buy rated stocks and in-depth research reports, then check out  Zacks Premium.

Read the full analyst report on DOX

 

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