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Cognizant Technology Solutions Corporation (NASDAQ:CTSH) is one of the Tech Stocks to Buy with the Lowest P/E Ratios. On September 15, Cognizant Technology Solutions Corporation (NASDAQ:CTSH) announced its strategic partnership with the North Carolina Turnpike Authority to develop a next-generation tolling back-office system.
The system aims to modernize toll operations by creating a scalable, API driven platform that integrates with partners, including Mastercard and Volvo Car USA. As a result of this new platform, drivers will be able to pay tolls directly through Volvo’s vehicle infotainment systems. This is expected to enable a proof of concept for infrastructure-less tolling, allowing immediate toll revenue recognition for NCTA.
Cognizant Technology Solutions Corporation (NASDAQ:CTSH) is a global IT services company that helps businesses modernize through digital technology.
While we acknowledge the potential of CTSH as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.
READ NEXT: 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now. Disclosure: None. This article is originally published at Insider Monkey.| 9 hours | |
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