February 18, 2026
Nomura, UBS Say IT Stock Sell-Off Overdone; Adaptability and AI Key for Growth
Nomura and UBS say fears about IT services stocks are exaggerated. Transition pains are front-loaded. High cash flows and dividend yields support stock floors. Adaptability to AI and new models will decide winners. Top picks include Infosys, Coforge, and eClerx.