The next stock which makes to our list is DXC Technology Company DXC. The stock had been a favorite among investors, courtesy of its strategic deals, spin-off initiatives and senior notes offerings. DXC Technology is a result of the merger between Computer Sciences Corporation and Enterprise Services Division of Hewlett Packard Enterprise, which was concluded on Apr 1, 2017.
The merger has opened up avenues of growth and will help the combined entity become a leading player in the IT services domain. Post merger, DXC Technology became the world’s second largest end-to-end IT services providing company after Accenture plc. Since April 1 through Dec 29, 2017, shares of DXC Technology gained 37.6%.
Per the Zacks Consensus Estimate, DXC Technology has a long-term expected EPS growth rate of 10.5%. On top of this, the stock currently trades at a forward P/E multiple of 13.2x, which is lower than the industry average of 29x. DXC Technology is a Zacks Rank #1 stock and has a VGM Score of A.