Concentrix NASDAQ: CNXC said its investments in artificial intelligence are reshaping its customer-experience business, with management emphasizing higher-margin technology and services revenue even as near-term sales growth faces pressure from accelerated offshoring and selected client spending changes.
The market fears that Concentrix Corporation faces existential AI disruption, though the company's operating results have been resilient. That said, the earnings trajectory has started to weaken a bit, and Q2 was another underwhelming report. Shares would be a value here if the company had a clean balance sheet. But, due to its massive leverage, this is a highly speculative situation.
The tech resurgence was running out of steam ahead of the open Tuesday but there were still plenty of AI and chip stocks on the move.
| Name | Quantity | Cost | Value | Profit ($) | Gain (%) |
|---|---|---|---|---|---|
Curtis Ellergodt Rothschild Investment LLC | 3,033 | $102,772.11 | $79,039.98 | -$23,732.13 | -23.09% |
Tweedy Browne Tweedy, Browne Company LLC | 13,431 | $889,400.79 | $345,445.32 | -$543,955.47 | -61.16% |
| PN Peter Nicholson First Bancorp Inc. /ME/ | 91 | $2,383.29 | $2,320.5 | -$62.79 | -2.63% |
| NA Nizar Araji National Bank Of Canada /FI/ | 2,227 | $178,404.97 | $57,278.44 | -$121,126.53 | -67.89% |
Richard S. Pzena Pzena Investment Management | 3.41M | $171.85M | $87.8M | -$84.04M | -48.91% |
| Name | Quantity | Cost | Value | Profit ($) | Gain (%) |
|---|---|---|---|---|---|
Vincent Colicchio Barrington Research | 1,099.89 | $29,036.01 | $26,936.29 | -$2,099.72 | -7.23% |
| LM Luke Morison Canaccord Genuity | 7,144.47 | $183,301.06 | $181,541.07 | -$1,759.99 | -0.96% |
| IT Services Industry | Information Technology Sector | Christopher A. Caldwell CEO | NASDAQ (NGS) Exchange | 20602D101 CUSIP |
| US Country | 455,000 Employees | 24 Jul 2026 Last Dividend | - Last Split | - IPO Date |