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Investing.com South Africa: Goldman begins coverage of IT Services sector, recommends IBM and GLOB for strong risk/reward opportunities

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Goldman Sachs recently started covering the IT services sector, providing insights into two prominent companies: IBM and Globant. The investment bank believes that there are significant potential risks and rewards associated with these firms. In analyzing IBM, Goldman Sachs found a compelling case for the company due to its strong market position and diverse range … Read more

Investing.com: Goldman Begins Coverage of IT Services Sector, Identifies Strong Risk/Reward Potential in IBM and GLOB

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Investing.com: Goldman Begins Coverage of IT Services Sector, Identifies Strong Risk/Reward Potential in IBM and GLOB

Goldman Sachs analysts recently evaluated the American IT services sector in a report, examining eight companies and noting promising opportunities in IBM and Globant. The analysts acknowledged current challenges in the sector, such as macroeconomic pressures and a shift towards AI-focused spending, but they believe that fears about AI replacing IT services are exaggerated. Instead, … Read more