Two Tech Stocks You Might Consider Selling This December
Cognizant Technology Solutions Corp: The company has entered a five-year IT services agreement with ERIKS, reflecting a strong partnership. Its stock has risen approximately 17% over the past month, with an RSI of 78.4, indicating it may be overbought.
Semrush Holdings Inc: Semrush launched its official app in ChatGPT, enhancing data-driven marketing capabilities. The stock surged around 75% in the last month, reaching a 52-week high, and has an RSI of 81.4, suggesting it is also overbought.
Momentum Indicators: The Relative Strength Index (RSI) is used to assess stock momentum, with values above 70 indicating overbought conditions. Both Cognizant and Semrush are currently in this category.
Market Performance: Cognizant's shares closed at $83.63, while Semrush's shares closed at $11.86, reflecting significant gains in the information technology sector.
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Cognizant Renews Strategic Collaboration with Travel + Leisure Co.
- Strategic Renewal: Cognizant has renewed a multi-million dollar strategic collaboration with Travel + Leisure Co. aimed at modernizing technology infrastructure and infusing AI to enhance member experiences and accelerate digital transformation.
- Technology Optimization Goals: Cognizant will leverage its hospitality domain expertise to optimize Travel + Leisure Co.'s technology ecosystem, targeting improved digital service experiences for 800,000 owner families and travel club members.
- Infrastructure Modernization: Throughout the agreement, Cognizant will assist in modernizing the application landscape, enhancing infrastructure scalability and reliability, while harnessing data- and AI-driven capabilities to meet evolving market demands.
- Aligned Vision: Sy Esfahani, CTO of Travel + Leisure Co., noted that renewing the partnership reflects the deep trust built over the years, with Cognizant's technology expertise set to propel their digital transformation and enhance service quality.

Cognizant Renews Strategic Collaboration with Travel + Leisure Co.
- Strategic Renewal: Cognizant has renewed a multi-million dollar strategic collaboration with Travel + Leisure Co. to modernize technology infrastructure and infuse AI, aiming to enhance member experiences and accelerate digital transformation.
- Optimization Goals: Leveraging its hospitality expertise, Cognizant will optimize Travel + Leisure Co.'s technology ecosystem, targeting improved digital service experiences for 800,000 owner families and travel club members.
- Infrastructure Enhancement: Throughout the agreement, Cognizant will assist in modernizing the application landscape, strengthening infrastructure scalability and reliability, while harnessing data and AI-driven capabilities to improve service quality.
- Aligned Vision: Sy Esfahani, CTO of Travel + Leisure Co., emphasized that the deep collaboration and trust between the two companies will propel digital transformation, with Cognizant's technology expertise helping deliver innovative solutions at every touchpoint.








