From Nasdaq: 2025-04-30 11:30:00

1. The Computer-Services industry, including companies like CGI Group (GIB), CACI International (CACI), and WidePoint (WYY), is thriving due to the ongoing digital transformation. Factors like cloud-enabled software solutions, demand for cybersecurity, and business automation solutions are driving growth. However, challenges like higher tariffs are impacting sales cycles and conversion rates.
2. Industry trends to watch include the boost in prospects due to remote and hybrid work trends, the growing importance of cybersecurity solutions in the face of increasing cyber attacks, and the demand for regulatory compliance solutions. These trends are expected to drive the industry’s momentum and growth.
3. The Zacks Industry Rank for Computer-Services is #70, indicating bright prospects for the sector. Stocks like CGI Group, CACI International, and WidePoint are worth watching. However, the industry has underperformed the broader sector and S&P 500, with a current forward P/E ratio of 16.83X.
4. CGI Group (GIB) is benefiting from strong performance in government and financial services, while CACI International is seeing growth from new business wins. WidePoint is thriving with contract wins and achieved FedRAMP authorization status. These companies are expected to see continued growth and value creation in the industry.

Read more at Nasdaq: 3 Stocks to Buy From the Prospering Computer-Services Industry