Was Rajiv Jain’s GQG Partners Right About These 5 Tech Stocks?

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In this article, we discuss 5 tech stocks to buy according to Rajiv Jain’s GQG Partners as of the end of the third quarter and assess the performance of these stocks over the past 12 months. If you want our detailed analysis of these stocks, go directly to Was Rajiv Jain’s GQG Partners Right About These 10 Tech Stocks?

5. Infosys Limited (NASDAQ:INFY)

GQG Partners’ Stake Value: $1,285,149,000

Performance of the stock over the past 12 months: -60%

Infosys Limited (NASDAQ:INFY) is an Indian multinational technology company that is engaged in consultancy, IT services, and business outsourcing. Jain owns 57.75 million Infosys Limited (NASDAQ:INFY) shares as of September 2021, worth $1.28 billion, representing 3.51% of his Q3 portfolio. 

BMO Capital analyst Keith Bachman raised the price target on Infosys Limited (NASDAQ:INFY) on October 14 to $25 from $23 but kept a Market Perform rating on the shares.

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