CGI Stock: A Heavy-Hitter That Just Jumped 4%

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If you’re looking for growth, the market isn’t stocked full of options these days. However, one company has seen growth rise higher and higher recently. That company is CGI (TSX:GIB.A).

Shares of CGI stock rose higher on strong earnings, but the question is whether more could be on the way. So let’s get into what makes CGI stock so great, and whether there is momentum from previous quarters.

About CGI stock

First, let’s get into more information about CGI stock. CGI is a multinational information technology (IT) and consulting company based in Canada.  Initially, it operated as an IT consulting firm, providing services to local businesses and government agencies. Over the years, CGI experienced significant growth through both organic expansion and strategic acquisitions. 

Acquisitions played a key role in CGI’s growth strategy, allowing it to enter new markets, expand its service offerings,…

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