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IT Services:

PMI Data Indicates a Recession is Near – Or Does it?

Published October 21, 2019


  • With manufacturing and services data sending investors conflicted messages, we attempt to identify technology companies that perform well under both verticals.

  • To assess the full economic value across our coverage – we turn to more unconventional (and not easily manipulated) analysis, such as return on invested capital (ROIC).

  • After narrowing down the sample set – we analyze company-specific operations at the upper end (ACN, EPAM and TEL) and lower end (BHE and SYNA) of our rankings.


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