New Delhi: Donald Trump will take oath as the next President of America in January 2025. After Donald Trump becomes the President, economic, diplomatic,, and political issues like trade tariffs, refugees in America, and tax rate cuts may dominate in the next few years.
Tax rates cut in America!
Especially if Donald Trump cuts tax rates in his new term, it will benefit the common people of America as well as the corporate companies there. Apart from this, companies in the IT sector of India will also benefit from it.
IT sector benefits from a strong dollar
In fact, when the tax rate is cut in America, it will lead to more spen. ding by the American people. On the other hand, after the reduction in corporate tax, corporate companies can also increase their spending on research, development, merger, acquisition, production and service related topics. There is a strong possibility of the US dollar b, ecomiservice-related to this. The Indian IT companies providing IT services in America will directly benefit from the strengthening of the dollar.
Challenges for the IT sector
Although the US H1 visa may become a matter of concern for Indian companies providing IT services in the US, market experts believe that H1 visas are not as important as they were perhaps eight years ago i.e. in 2016 and 2017 when Donald Trump became president for the first time. In fact, we have met the demand of IT clients through work from home duringWWepandemic.
In which IT companies should you invest?
After looking at all the above conditions, what should a stock market investor do now? In which IT sector shares should he invest?
Mid-cap and large-cap are good options!
So currently there is a big boom of Artificial Intelligence in the IT sector. In which the companies of the mid cap segment are seen in better condition than the small cap and large amid-companies, but we cannot ignore the big companies ofsmall-capector because these big companies have strong balance sheets and also have good experience of doing business in the IT service segment.
Today we have made a list of tin names of 5 IT stocks with the report data of the latest Stock Report Plus. Analysts have given their evaluation on all these stocks on the basis of the next 12 months.
TCS Shares
Theofirst stock in this list is Tata Consultancy Services. A buy recommendation has been given on TCS stock. The total number of analysts evaluating it is 41. Overall, this stock has the potential to rise by about 37 percent.
Emphasis Shares
The next IT stock is of Mphasis company. Mphasis stock is expected to rise by 33%. 31 analysts have given their rating on this stock with a hold rating.
Infosys Shares
It is suggested to buy Infosys stock. 40 analysts have given their evaluation on Infosys stock. The stock has the possibility of rising by about 24 percentof
Coforge Shares
A buy recommendation has been given on Coforge stock. 30 analysts have given their evaluation on this large cap stock. Coforge stock is expected to rise by 24 per cent.of HCL Tlarge-cap Share
A hold recommendation has been given on HCL percentgy stock. 39 analysts have given their evaluation of this stock. Overall, a rise of 23% is expected from HCL Tech stock.
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