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flag Amdocs reports modest revenue growth but strong gains in cloud services, making it a notable mid-cap tech stock.

flag Amdocs Limited, a tech company providing software and services for telecommunications and media industries, saw a mixed quarter with a net margin of 13.6% and modest overall revenue growth of 2.4%, but strong double-digit growth in cloud revenue, which now comprises 25% of total revenue. flag Despite recent market challenges, the stock is highlighted as a strong mid-cap tech option, noted for its solid fundamentals and diversification benefits.

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