Accenture Ltd. (NYSE:ACN)

CAPS Rating: 5 out of 5

The Company is a management consulting, technology services and outsourcing organization.

Recs

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Player Avatar mcjc12 (< 20) Submitted: 4/17/2013 6:10:57 PM : Outperform Start Price: $0.00 ACN Score: 0

Having been an employee at Accenture for 2 years, it's a good company with a management that is focused on financial results. They should continue to prove profitable and at minimum meet analyst expectations. Their two biggest, most recent bets right now are on Cloud technologies, investing 400m on a full SAAS platform, and a JV with GE Aviation on a company called Taleris. Accenture will provide the system architecture/integration support to GEA's design capability.

The market reacted negatively on the day of announcement, but that maybe unfair from a buy/hold perspective, due to recent GE woes with Boeing's Dreamliner and it's overall strong dependence on US Economic growth to support it's own. I wouldn't expect this stock to make you big bucks, but will provide a staple to your buy/hold portfolio.

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