This Under-the-Radar Winner Just Made Another Promising Move
Despite a sharp pullback in its share price over the past six months, Globant (NYSE: GLOB), an IT consulting company, has produced market-crushing returns for its investors. Yet, not many know about Globant. The company has been a model of consistency, and the recent news of its acquisition of GeneXus is an example of how Globant has been meticulously crafting its growth trajectory. Let's review why taking a closer look at Globant will be a smart decision for investors.
Globant, founded in 2003 by four friends in Argentina, has emerged as a prominent global IT consulting company. Globant helps its customers adopt modern technologies to grow revenue, improve efficiencies, and reduce costs. The company has built industry-leading capabilities in the key pillars of digital transformation -- including consumer experience designs, software engineering, cloud technologies, and artificial intelligence. It has also compiled an impressive rolodex of clients such as Alphabet's Google, Unilever, American Express, and many others. Globant's splendid resume includes:
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