E Daily Stock Pick: Infosys (INFY)

A portfolio of stocks I've been building since September 3, 2019, named Volio, will eventually hold 52 dividend dogs. Volio is the fifth portfolio I've built (at a one dividend dog per-week pace) since 2014. Five portfolios = V for Volio!

Today I'm reviewing the second of five technology sector stocks poised to join my Volio folio this week. One could be my forty-second pick for Volio!

That technology sector includes nineteen industries ranging from communication equipment, computers, consumer electronics, and contract manufacturing, to health, information technology and services, to internet, scientific instruments, software, solar, and all such techno-marvels.

My subject today is a large-cap information technology services outfit named, Infosys Ltd. Its trading ticker symbol is INFY.  This is my second report this year on Infosys Ltd for this Volio portfolio. My previous report aired on March 30.

Infosys is a global provider of consulting and IT services. The company was founded in 1981, employs more than 200,000 staff, and serves clients in over 40 countries.

Infosys provides myriad services, including business process outsourcing, IT outsourcing, consulting and systems integration, among many others.

The firm serves more than 20 industries ranging from financial services and healthcare to manufacturing and consumer packaged retail.

The company was formerly known as Infosys Technologies Limited and changed its name to Infosys Limited in June 2011.

Infosys Limited is headquartered in Bengaluru, India.

I use three key data points to gauge dividend equities or funds like Infosys Ltd:

(1) Price

(2) Dividends

(3) Returns

Those three basic keys best tell whether a company has made, is making, and will make money.

INFY Price

Infosys's price per share closed at $9.22 yesterday. A year ago their price was $10.60. Price dropped $1.38 or about 13% last year.

Assuming Infosys's stock trades in the range of $5 to $12  this next year, its recent $9.22 price might rise by $0.78 to reach $10.00 by June 16, 2021.

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Disclaimer: This article is for informational and educational purposes only and should not be construed to constitute investment advice. Nothing contained herein shall constitute a solicitation, ...

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