Wipro (WIT) and offshoring: Controvery and opportunity - Steven Halpern

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Wipro (WIT) and offshoring: Controvery and opportunity
Oct 13, 2009 06:30 PM UTC

Steven Halpern

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Filed under: International markets, India, Newsletters, Stocks to Buy

"The 'offshoring' of IT development, customer service and back office operations has always been controversial in the U.S. (because of the jobs lost)," observes Paul Goodwin.

In The Cabot China & Emerging Markets Report, he explains, "However, these outsourcing services have also been cost-effective. And outsourcing pioneer Wipro (NYSE: WIT) is very good at it.

"Wipro, the Indian megacap company, has been holding earnings steady as a rock despite the global recession that has ripped the heart out of so many companies.

Continue reading Wipro (WIT) and offshoring: Controvery and opportunity

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