10 Best Upside Stocks to Buy According to Hedge Funds

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6. Cognizant Technology Solutions Corporation (NASDAQ:CTSH)

Average Upside Potential: 69.35%

Number of Hedge Fund Holders: 50

Cognizant Technology Solutions Corporation (NASDAQ:CTSH) is one of the best upside stocks to buy according to hedge funds. On June 16, Cognizant and Rubrik (RBRK) expanded their alliance to help enterprises safely deploy autonomous AI at scale. As a launch partner for Rubrik Agent Cloud, Cognizant will integrate this solution as a governance layer within its Neuro AI and AI Factory platforms. This collaboration aims to address the critical need for oversight as AI agents increasingly handle sensitive tasks like writing code and managing data across enterprise systems.

The integration provides organizations with essential tools to manage agent behavior, including real-time policy enforcement, visibility into agent actions, and the ability to reverse unintended operations. By embedding these controls, Cognizant intends to give clients the confidence to transition AI agents from pilot programs into production environments, particularly within highly regulated industries such as healthcare, life sciences, and financial services.

These governance features ensure that all agent activity is recorded and held within defined guardrails, aligning with standards like the NIST AI Risk Management Framework. By enabling enterprises to track, scope, and roll back agent-initiated changes, the partnership offers a resilient approach to AI-driven IT operations. This enables companies to accelerate their AI adoption while maintaining full operational control and auditability over their automated workflows.

Cognizant Technology Solutions Corporation (NASDAQ:CTSH) provides information technology, consulting, and business process outsourcing services. The company’s services include AI, application services, business process services, core modernization, and cloud solutions.

While we acknowledge the potential of CTSH to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than CTSH and that has 100x upside potential, check out our report about the cheapest AI stock.

Click to continue reading and see the 5 Best Upside Stocks to Buy According to Hedge Funds.

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