2006: Tech winners and losers
A look at this year’s best and worst performing tech stocks in the S&P 500.
By Grace Wong, CNNMoney.com staff writer
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Cognizant Technology Solutions
Cognizant Technology Solutions (CTSH)
2006 price change: +59.1 percent

Rapid growth has propelled the shares of this IT services provider, which joined the S&P 500 this year. The company offers services like business process outsourcing and network management to corporate clients from centers mostly located in India. Analysts expect revenue to grow 58 percent this year, to about $1.4 billion.

2007 outlook: Cognizant’s red-hot growth shows few signs of slowing. It was ranked on Fortune’s list of 100 Fastest-Growing Companies for the fourth straight year. The outsourcing industry also keeps booming. Thirty percent of professional IT service jobs will be delivered from emerging markets like India and China by 2015, according to market research firm Gartner.
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Most stock quote data provided by BATS. Market indices are shown in real time, except for the DJIA, which is delayed by two minutes. All times are ET. Disclaimer. Morningstar: © 2018 Morningstar, Inc. All Rights Reserved. Factset: FactSet Research Systems Inc. 2018. All rights reserved. Chicago Mercantile Association: Certain market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved. Dow Jones: The Dow Jones branded indices are proprietary to and are calculated, distributed and marketed by DJI Opco, a subsidiary of S&P Dow Jones Indices LLC and have been licensed for use to S&P Opco, LLC and CNN. Standard & Poor's and S&P are registered trademarks of Standard & Poor's Financial Services LLC and Dow Jones is a registered trademark of Dow Jones Trademark Holdings LLC. All content of the Dow Jones branded indices © S&P Dow Jones Indices LLC 2018 and/or its affiliates.