Yeah, DXC looks ugly right now and the business is still shrinking, but that’s exactly why I’m not ready to dump it here. The stock already reflects a lot of bad news, it still throws off cash, and it doesn’t look like a company in immediate trouble. To me this is not a “great company” hold, it’s a beaten-down turnaround bet. I wouldn’t make it a huge position, but after this kind of drop, I’d rather hold and see if execution improves than sell at the point of maximum pessimism.
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