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Infosys Ltd (INFY), the Indian consulting and software company, is becoming a free cash flow (FCF) producer based on its generative AI software services. INFY stock looks cheap based on a reasonable FCF yield metric.
INFY stock is trading at $21.67 in mid-day trading on Monday, July 22. The stock is up over 29% in the last 3 months, although it's off a recent high of $22.29 on July 19.