One of my favorite ways to invest in technology is with the leading digital IT service firms. Companies like Accenture (NYSE: ACN) , EPAM Systems (NYSE: EPAM) , and CDW (NASDAQ: CDW) are all extremely high-quality, growing businesses run by excellent management teams, and they serve a crucial need by helping clients adapt and thrive in this period of accelerating digital change.
These three companies are perfectly positioned to benefit from long-term tech tailwinds and disruptive innovations such as cloud computing, artificial intelligence (AI), machine learning (ML), distributed working/learning, network security, and more. A bonus point is that they are mostly technology-agnostic, meaning that they are not overly exposed to disruption risk. Rather, innovation and disruption drive their business!
Each company reported earnings recently and provided fresh insight into their operations. Let's see how they performed in their most recent quarter (spoiler alert: they all crushed it) and what it could mean for you as an investor.
For further details see:
IT Services Earnings Crush: Motley Fool Senior Analyst Weighs In