DXC Technology Stock: Poor Trends, But Restructuring Can Unlock Value

BOOX Research
20.33K Followers

Summary

  • DXC has been under pressure amid falling sales and poor earnings.
  • Management is attempting to streamline the operation by focusing on the strengths in its core Global Business Services segment.
  • The stock has turnaround potential, but will need a few quarters of positive results to convince the market.

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Galeanu Mihai

DXC Technology Company (NYSE:DXC) is a global provider of IT services, helping companies scale through modernized analytics and optimized data architecture. Despite a well-established market position with operations in more than 70 countries, the company has been challenged in recent

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This article was written by

20.33K Followers
BOOX Research run by Dan Victor, CFA specializes in covering small-caps and under-the-radar ideas. Dan brings more than 15 years of experience in financial services across multiple roles in research, investment management, and trading. Dan is also the winner of Seeking Alpha's 2023 stock market prediction contest-- beating out a field of 40 analysts by correctly forecasting the S&P 500's 24% gain that year. https://seekingalpha.com/article/4660791-2023-market-prediction-contest-winners

Analyst’s Disclosure:I/we have a beneficial long position in the shares of SP500 either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

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