(DOX) Amdocs, Ltd.- Bull of the Day

September 2nd, 2009

We maintain our Outperform recommendation for  Amdocs (DOX) following its strong results for the fiscal third quarter of fiscal 2009. The company has industry-leading technology integration products for large  transformational projects and managed services.

Long-term
fundamentals for Amdocs remain firm due to the transition of telecom service providers to converged and consolidated solutions. Amdocs maintains a very strong financial position with healthy order backlog.

Recently,
the company has won a series of large managed services contracts in various parts of the world. Except North America, operations in other regions have started gaining momentum.

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More on this topic (What's this?)
Lenny Dykstra & Ron Insana: Two Peas in a Pod? (LongShortTrader, 8/5/09)
Amdocs Downgraded (Bullish Bankers, 3/1/10)
This guy is good.New stock Picks (Penny Stock DD, 1/31/10)
Amdocs' Managed Services Will Continue To Grow (Benzinga, 9/16/10)
Read more on Amdocs at Wikinvest

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