(Top Pick Dec 15/15, Up 11.90%) This is the era of companies outsourcing where it is not a core competency. It is domestically based and this is an attractive space for money. It is a little stressed in terms of valuation. It is a good hold but not a table pounder.
Outsourcer of front and back end office functions.
(A Top Pick Dec 3/13. Down 3.8%.) Has a fair degree of confidence in this company. They are a business process outsourcing company. Do all the front and back end work for businesses such as client retention programs, insurance claims, dental claims, etc. They’ve spent a fair amount of money, not only on operating costs, but also capital expenditures, which have grown 25% since last year and 60% in the last couple of years.
They do business processing, out sourcing and customer relations business and are international. About 60% of their business is outside of the US. Companies are realizing that they are spending way too much money employing staff to process expense reports, access claims, process dental claims, etc and are now outsourcing it.
Teletech Holdings is a American stock, trading under the symbol TTEC-Q on the NASDAQ (TTEC). It is usually referred to as NASDAQ:TTEC or TTEC-Q
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On 2024-10-04, Teletech Holdings (TTEC-Q) stock closed at a price of $5.82.