< Summary> CGI Inc presents an attractive buying opportunity at current price level, as our valuation analysis indicates meaningful undervaluation. While the valuation gap itself supports our Strong Buy recommendation, the investment thesis is also underpinned by the company’s durable competitive positioning within a services industry where competition is driven primarily by quality, reliability, and execution over price. CGI benefits from structural advantages that support

FactSet Research Systems Inc. Equity Research Report Baoro Research <One Pager> <Summary> FactSet remains a resilient pillar of the financial services ecosystem, currently trading at a valuation that fails to account for its structural advantages and sustained demand drivers. While the firm has been caught in the crossfire of market apprehension regarding generative AI, specifically fears that AI will commoditize financial data, we contend this narrative is largely noise. Th

Equity Research Report Baoro Research <One Pager> <Summary> We are assigning an overweight position to this opportunity, viewing it as a prime cyclical play backed by structural tailwinds in the global labor market. A critical indicator of this opportunity is the persistent gap between job openings and actual hires. This discrepancy signifies a build-up of latent inventory in the labor market, as firms struggle to fill roles despite posting demand. When you combine this gap