Mid-cap IT stocks to buy: In an AI driven world, are they better placed than large-caps? 4 mid-sized IT stocks with upside potential of up to 38%
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Synopsis In the recent past, the landscape for IT sector stocks has changed. Five years ago, the emergence of machine learning and cloud computing marked a shift. And in the last one-and-half years, it is AI and other specialized segments that have sparked change. Smaller companies operating in these niche areas have demonstrated significantly stronger growth, even as industry giants like Infosys and Wipro have faced growth pressures. Investing in the not-so-much talked-about IT stocks may seem contrarian investing today. But it may pay off in the long term. The difference that management commentary can make was witnessed last Friday. While the market was reeling under cuts, there was one stock which was up and standing. Not because its Q3 numbers were good, but because the management commentary that came with the results reflected confidence about future growth. The stock was none other than TCS. IT has been a sector that has been reelin...