11 Oversold Tech Stocks to Buy Now

7. Cognizant Technology Solutions Corporation (NASDAQ:CTSH)

Number of Hedge Fund Holders: 50

Cognizant Technology Solutions Corporation (NASDAQ:CTSH) is one of the oversold tech stocks to buy now. On June 11, Cognizant selected Oracle Fusion Cloud Recruiting, part of Oracle Fusion Cloud Human Capital Management, to advance its talent acquisition strategy. This partnership aims to streamline hiring workflows and enhance candidate experiences across more than 60 countries. The move is designed to support Cognizant’s plans to scale its global workforce of over 350,000 employees.

The company chose Oracle for its embedded AI capabilities and the flexibility to build custom solutions tailored to its specific business objectives. Specifically, Cognizant plans to use Oracle AI Agent Studio to develop custom AI agents that manage unique recruiting processes. This unified platform will allow the firm to balance standardized hiring practices with region-specific requirements.

By integrating automation and AI, Cognizant Technology Solutions Corporation (NASDAQ:CTSH) expects to improve hiring efficiency and better engage prospective talent. Oracle executives noted that the platform is built to handle the global scale required by organizations of Cognizant’s size, helping them build a future-ready workforce. This adoption further strengthens the existing long-term partnership between the two technology companies.

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.

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