The latest trading day saw Accenture (ACN) settling at $384.95, representing a +1.1% change from its previous close.
Given the surge in ACN's share price, we evaluate its current position to find out whether it offers a good investment opportunity now.
Recently, Zacks.com users have been paying close attention to Accenture (ACN). This makes it worthwhile to examine what the stock has in store.
I am now bullish on Accenture due to a cheaper valuation and strong demand for AI-related solutions and modular systems. The shift towards modular systems allows incremental software deployment, reducing costs and disruption, making ACN's strategy highly advantageous. With a promising growth outlook and attractive valuation, I rate ACN a buy, expecting it to meet consensus EPS estimates.
Investors looking for ways to find stocks that are set to beat quarterly earnings estimates should check out the Zacks Earnings ESP.
It's a brand new year filled with promising investment opportunities. It's also a great time to review your investment portfolio to see if there are attractive growth stocks you can purchase.
Recently, Zacks.com users have been paying close attention to Accenture (ACN). This makes it worthwhile to examine what the stock has in store.
Accenture's stock price has moved sideways in the past few months, but a recent positive report from Tata Consultancy Services (TCS), a leading Indian competitor, could be a catalyst. This week, it was trading at $350, down 5.18% from its highest level in November last year.
Accenture (ACN 1.85%) stock is climbing higher in Tuesday's trading despite a bearish backdrop for the broader market. The company's share price was up 2.2% as of 1:15 p.m.
The ACN stock is gaining from surging demand for cybersecurity-as-a-service and shareholder-friendly policies.
Accenture (ACN) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.
One of the more closely watched stocks in the tech world lately has been consulting company Accenture (ACN -1.56%). That's because it's plunging deep into the rapaciously hungry market for artificial intelligence (AI) know-how.