Genpact (G) Just Flashed Golden Cross Signal: Do You Buy?

Core Viewpoint - Genpact Limited (G) is identified as a potential stock pick due to a recent "golden cross" event, indicating a bullish breakout possibility [1] Technical Analysis - The "golden cross" occurred when G's 50-day simple moving average surpassed its 200-day simple moving average, a significant indicator of bullish momentum [1] - A successful golden cross involves three stages: a price decline bottoming out, the shorter moving average crossing above the longer one, and maintaining upward momentum [1] - G has experienced a 13.8% increase over the last four weeks, suggesting it may be on the verge of a breakout [1] Earnings Outlook - The company currently holds a 2 (Buy) rating on the Zacks Rank, reinforcing the bullish sentiment [1] - For the current quarter, there have been no cuts to earnings estimates, indicating a positive earnings outlook [1]