We recently published Bill Miller Portfolio: Top 10 Stock Picks. Conduent Incorporated (NASDAQ:CNDT) is one of the top stock picks.

Conduent Incorporated (NASDAQ:CNDT) is a business process technology company. Its shares are down by 44% over the past year and by 20% year-to-date. The firm has been in the news several times in 2026. For instance, in February, cybersecurity firm MalwareBytes reported that Conduent Incorporated (NASDAQ:CNDT)'s data breach, first reported in October 2025, was worse than initially believed. It estimates that 25 million people across the US were affected and added that not only was the breach one of the largest in US history, but the stolen data covered details such as social security numbers, legal names and health insurance data.

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On June 30th, Conduent Incorporated (NASDAQ:CNDT) announced that it was selling its tolling business to a Canadian firm for a $70 million price tag. The deal is expected to close before the end of this year and the firm's CEO outlined that it was part of his firm's effort to simplify its business and focus on core operations.

While we acknowledge the potential of CNDT as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

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