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Kritika Sarmah

EXPLAINED: Weekly tech stock gainers to watch | Rare Historical Photos

CTSH PCRFY Kritika SarmahHer Cognizant Technology Solutions Corporation Panasonic Holdings Corporation

With the ever-evolving tech industry, marked by escalating investments in AI and automation, pivotal cloud computing trends, and a resurgence in device spending, let us analyze robust tech stocks Cognizant Technology Solutions Corporation (CTSH), Panasonic Holdings Corporation (PCRFY), and M-tron Industries, Inc. (MPTI), which are poised for solid gains.

Gartner forecasts a robust 8% growth in worldwide IT spending, reaching $5.10 trillion in 2024, driven by increased investment in AI and automation. In a closer look, cloud spending fuels double-digit growth in software and IT services segments, with a 20.4% increase in global spending on public cloud services this year.

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