E Daily Stock Pick: Infosys Ltd

This week, I'm looking for the fifth technology representative of six for my Ivy portfolio.

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

Today I'm reviewing a large-cap information technology services company named Infosys Ltd. It's trading ticker is INFY.

  • Infosys Ltd 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 50 countries.
  • Infosys provides a raft of services such as management consulting, application and infrastructure management, application outsourcing, and business process outsourcing, to name a few.
  • The firm serves more than 20 industries ranging from aerospace and defense to financial services, health care, and the public sector.
  • The company was formerly known as Infosys Technologies Limited and changed its name to Infosys Limited in June 2011.
  • Infosys Limited was founded in 1981 and is headquartered in Bengaluru, India.

I use three key data points to gauge the value of any dividend equity-like Infosys Limited:

(1) Price

(2) Dividends

(3) Returns

Besides those three, several other keys will finally unlock an equity or fund in which to invest.

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

INFY Price

Infosys's price per share closed at $10.63 Friday. A year ago its price was $9.38. Price rose $1.25 or a little over 13.3% in the past year.

Assuming Infosys's stock trades in the range of $8.00 to $12.00 this year, Infosys's recent $10.63 price could rise by $1.25 and go to $11.88 by early-June, 2020.

INFY Dividends

Infosys's most recent semi-annual dividend was $0.15 declared April 25th and payable June 13th.

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