Every day, the sun rises on Wall Street, and a plethora of professional analysts wake to issue new opinions on stocks. Here at the Fool, we use our "This Just In" column to examine some of these picks -- and the track records of the companies behind them -- so that individuals can make better investing decisions.
In addition to following the published calls of professional banks, anyone can use Motley Fool CAPS to monitor the collective opinions of more than 135,000 members, many of whom demonstrate better investing insight than the published analysts do.
In CAPS, IT services firm Mahindra Satyam (NYSE: SAY ) -- formerly Satyam Computer Services -- has been regaining some of the ground it lost early in the year. After being stuck at a three-star rating for months, more high-performing CAPS members have been giving the firm the thumbs-up lately, enough to lift it up to four stars. A total of 1,148 members have given their opinion on Satyam, with many of them offering analysis and commentary explaining the recent optimism.
Satyam has a solid track record in providing information-technology services and backoffice support to major clients such as Cisco Systems (Nasdaq: CSCO ) . But many investors are still approaching the company cautiously after its accounting scandal sent shares into a free fall earlier this year, costing it customers and market share to rivals like Infosys (Nasdaq: INFY ) , IBM (NYSE: IBM ) , and Accenture (NYSE: ACN ) .
Some CAPS members believe Satyam will resurface in good condition, since the company's been making significant moves to rebuild itself. India's Tech Mahindra won an auction for a controlling stake, and it's already rebranded the company as Mahindra Satyam to help its image. A new CEO and CFO have also been named.
Although large clients such as Applied Materials (Nasdaq: AMAT ) have reportedly taken their business elsewhere, Satyam recently reported some new deals, and the new CEO Chander Prakash Gurnani said that attrition has been practically zero since April. One JPMorgan Chase (NYSE: JPM ) analyst expects to see a turnaround in revenue and profits as early as this year, since Tech Mahindra's ownership has positively affected customer sentiment. It also recently announced unaudited financial results, saying it had positive cash flow of $79 million as of March, giving investors a positive surprise.
To see what the very best CAPS analysts are saying now about Satyam -- as well as other winning stocks they are picking -- head on over to CAPS and have a look.
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