Summary：**CGI Stock Surges as S&P/TSX 60 Tech Rotation Heats Up***Introduction* Shares of CGI Inc. (TSX: GI

**CGI Stock Surges as S&P/TSX 60 Tech Rotation Heats Up**

*Introduction*
Shares of CGI Inc. (TSX: GIB.A) jumped more than 8% in early trading on Wednesday, outperforming the broader S&P/TSX 60 index as investors re‑allocate capital toward technology names. The rally follows a string of upbeat guidance from the Canadian IT services giant and a broader sector shift that has seen money flow out of traditional energy and financial stocks into high‑growth tech players.

*Key Developments*
CGI’s third‑quarter results, released after market close on Tuesday, revealed revenue of CAD 3.4 billion, a 6.2% year‑over‑year increase driven by strong demand for cloud‑migration and cybersecurity contracts. Adjusted earnings per share rose to CAD 1.28, beating consensus estimates by 12 points. Management raised its full‑year outlook, citing a robust pipeline of government and enterprise deals in North America and Europe. The news prompted several brokerage houses to upgrade their ratings, with RBC Capital Markets moving the stock from “Sector Perform” to “Outperform” and raising its price target to CAD 115 from CAD 102.

*Industry Analysis*
The surge in CGI’s share price mirrors a wider rotation within the S&P/TSX 60, where technology weighting has climbed from 12% to nearly 15% over the past month. Analysts attribute the shift to three factors: easing inflation pressures that reduce the appeal of defensive sectors, a resurgence in corporate IT spending as firms accelerate digital transformation, and favorable currency movements that boost the earnings of exporters like CGI. Compared with peers such as OpenText and Shopify, CGI’s valuation remains relatively modest, trading at a