Conduent Incorporated (CNDT) Company Overview

U.S. government contractor Conduent, which provides technology to support services such as child support and food assistance, has confirmed that a recent outage was caused by a cybersecurity incident.

MarketBeat reported late in 2024 on an opportunity for investors to capitalize on ultra-low spreads between value and growth stocks, with Goldman Sachs' chief global equity strategist expecting risk-adjusted return picks—those with mostly room to grow—as a particularly strong option for 2025. Value stocks offer investors strong upside potential while also potentially minimizing downside risk as a result of their relatively low price point.

We have just released a list of the 12 Best Technology Penny Stocks to Buy Based on Hedge Fund Recommendations. In this article, we will examine how Conduent Incorporated (NASDAQ:CNDT) compares to other top technology penny stocks favored by hedge funds. The Russell 2000, which is a key index for small-cap stocks, has often underperformed in the past.

Does Conduent (CNDT) have what it takes to be a top stock pick for momentum investors? Let's find out.

Conduent Incorporated (NASDAQ:CNDT ) Q3 2024 Results Conference Call November 6, 2024 9:00 AM ET Company Participants Giles Goodburn - Vice President, Investor Relations Cliff Skelton - President and Chief Executive Officer Steve Wood - Chief Financial Officer Conference Call Participants Pat McCann - NOBLE Capital Markets Marc Riddick - Sidoti & Company Chris Sakai - Singular Research Operator Greetings, and welcome to the Conduent Third Quarter 2024 Earnings Conference Call. [Operator Instructions] As a reminder, this conference is being recorded.

FLORHAM PARK, N.J. & DEERFIELD BEACH, Fla.--(BUSINESS WIRE)--Conduent Incorporated (Nasdaq: CNDT), a global technology-led business solutions and services company, and AshBritt, the nation's leading rapid-response emergency management, logistics and disaster-response contractor, today announced a collaboration to offer emergency services and instant payments to those in need. The new offering combines Conduent's expertise in managing a range of payment services for public sector clients with As.

Does Conduent (CNDT) have what it takes to be a top stock pick for momentum investors? Let's find out.

KING OF PRUSSIA, Pa., Sept. 04, 2024 (GLOBE NEWSWIRE) -- MedRisk, a leader in managed physical rehabilitation in workers' compensation, has completed the acquisition of the Casualty Claims Solutions business, including the portfolio of Strataware® products, services, and technologies, from Conduent Incorporated (Nasdaq: CNDT).

Key Q2 2024 Highlights Revenue: $828M Adj. Revenue(1): $811M Pre-tax Income: $300M Adj.