Tag Archives: lxft

Why Luxoft Aloft May Be The Envy Of IBM, Accenture

Can lofty Luxoft (LXFT) fly higher? Earnings reports always mark a crucial time for a stock, so how much higher analysts could take the tech services firm might be known after the close, when the company is expected to report a 22% jump in EPS and 35% rise in revenue for its fiscal Q2, which ended Sept. 30. Luxoft stock hit a record high just shy of 72 on Wednesday and was up a fraction in early trading in the stock market today, near 70. The

Luxoft Attacks Vertical Markets, But Under The Radar

Swiss tech service provider Luxoft has been a top performer in its sector, with its international and vertical-market approach. Luxoft (LXFT) has a highest-possible IBD Composite Rating of 99, a rating that its groupmate Cognizant Technology Solutions (CTSH) shares. IBD’s tech services group, which also includes Accenture (ACN) and Infosys (INFY), ranks No. 23 out of 197. Luxoft’s focus is vertical, developing software tailored for customers in