For those looking to find strong Computer and Technology stocks, it is prudent to search for companies in the group that are outperforming their peers. Is Alight, Inc. (ALIT) one of those stocks right now? Let's take a closer look at the stock's year-to-date performance to find out.Alight, Inc. is a member of our Computer and Technology group, which includes 618 different companies and currently sits at #6 in the Zacks Sector Rank. The Zacks Sector Rank considers 16 different groups, measuring the average Z ...

AzmanL Cloud-based human resource technology firm, Alight, Inc. (NYSE:ALIT) announced the sale of its “professional services and payroll outsourcing business” segment for $1.2 billion to “an affiliate of private equity company, HIG Capital.” The stock has risen just 5.33% (YTD) and 32.11% in the last 6 months indicating a minor positive impact of the divestment on the growth in the stock's price. In this article, I will explain why Alight is a buy due to the sale of its less profitable professional outs ...

Investors with an interest in Internet - Software stocks have likely encountered both Alight, Inc. (ALIT) and Paycor HCM, Inc. (PYCR) . But which of these two companies is the best option for those looking for undervalued stocks? Let's take a closer look.Everyone has their own methods for finding great value opportunities, but our model includes pairing an impressive grade in the Value category of our Style Scores system with a strong Zacks Rank. The Zacks Rank is a proven strategy that targets companies wi ...

Finding profitable investment options is crucial for those looking for significant investment returns. Three equities have emerged as strong candidates, each providing distinct opportunities for noteworthy gain. The first one sticks out for its outstanding financial stability, which includes a positive cash flow and a good cash position that show both durability and the possibility for further growth.In contrast, the second company has deliberately expanded into high-margin industries like renewable energy ...

About this content About William Farrington William kickstarted his career as a researcher and reporter for a global legal publication, covering everything from public law to M&A. Before moving to Proactive Investors, he worked as a reporter for a major fintech company with a focus on cryptocurrency and blockchain technology. Harking from Queensland, Australia, William obtained first-class honours in journalism and media from Birkbeck University before going on to complete an MA in creative and critical ...

Investors interested in Internet - Software stocks are likely familiar with Alight, Inc. (ALIT) and Paycor HCM, Inc. (PYCR) . But which of these two stocks offers value investors a better bang for their buck right now? We'll need to take a closer look.Everyone has their own methods for finding great value opportunities, but our model includes pairing an impressive grade in the Value category of our Style Scores system with a strong Zacks Rank. The Zacks Rank is a proven strategy that targets companies with ...

Alight, Inc. (ALIT) shares soared 14% in the last trading session to close at $10.08. The move was backed by solid volume with far more shares changing hands than in a normal session. This compares to the stock's 7.7% loss over the past four weeks.The upswing can be attributed to ALIT's announcement that it has signed a definitive agreement to divest its Professional Services segment and its Payroll & HCM Outsourcing businesses within the Employer Solutions segment to an affiliate of H.I.G. Capital for up t ...

Have you been paying attention to shares of Alight, Inc. (ALIT) ? Shares have been on the move with the stock up 8.4% over the past month. The stock hit a new 52-week high of $10.1 in the previous session. Alight, Inc. has gained 18.2% since the start of the year compared to the 12.9% move for the Zacks Computer and Technology sector and the 19.2% return for the Zacks Internet - Software industry.What's Driving the Outperformance?The stock has an impressive record of positive earnings surprises, as it hasn' ...

Investors looking for stocks in the Internet - Software sector might want to consider either Alight, Inc. (ALIT) or Informatica Inc. (INFA) . But which of these two stocks is more attractive to value investors? We'll need to take a closer look to find out.We have found that the best way to discover great value opportunities is to pair a strong Zacks Rank with a great grade in the Value category of our Style Scores system. The Zacks Rank favors stocks with strong earnings estimate revision trends, and our St ...

LINCOLNSHIRE, Ill.--(BUSINESS WIRE)--Alight, Inc. (NYSE: ALIT), a leading cloud-based human capital and technology services provider, today announced the first results of its investment in enhanced configurable intake and automation for its leading, AI-supported LeavePro absence management software, SmartSTART, and the release of Straight Through Processing (STP), with first-of-its-kind integration of leaves and other benefits. As a part of its holistic strategy, Alight recently integrated leave manageme ...