Accenture Ltd. (NYSE:ACN)

Brendan Matthews

Dividend & Growth

Worked for 'em and like what they do. Decent dividend and excellent international growth opportunity. A tech-centric cost-effective consulting company? Sounds good to me.

health care opportunity

At current price levels, shouldn't ACN have a 5 star rating?

Trying an experimental Munger screen. 1) I looked for businesses w/ 10 yr ROE and ROIC consistently very high (approx 85 percentile or higher), and with low to manageable debt. 2) Then I eliminated both the businesses that I could not adequately understand, and the businesses with weak moats. 3) Finally, I selected the top 5 that I thought had reasonable, but not necessarily cheap valuations. This “flexibility” in the buying price is the experimental variable. The winners were ACN, DTV, PAYX, ROL, and PETM. Long-term holds. Theory based on the following quote:
“Over the long term, it's hard for a stock to earn a much better return that the business which underlies it earns. If the business earns 6% on capital over 40 years and you hold it for that 40 years, you're not going to make much different than a 6% return - even if you originally buy it at a huge discount. Conversely, if a business earns 18% on capital over 20 or 30 years, even if you pay an expensive looking price, you'll end up with one hell of a result.” – Charles Thomas Munger

Accenture Ltd. (ACN)
Submitted: 12/27/11 1:36 PM :
A couple of key statistics that I like to see. High insider ownership a decent rising dividend and lots of cash and little or no debt. Plus I see outsourcing of IT as a growth industry.

service sector always wins

Awesome corporation!

A couple of key statistics that I like to see. High insider ownership a decent rising dividend and lots of cash and little or no debt. Plus I see outsourcing of IT as a growth industry.

It's not the cheapest I've ever seen this stock, but at an EV of 8.4 times FCF, a 2.5% dividend, and 10% growth, ACN is plenty cheap for new investors today. Buy.

12/17

Accenture is well positioned to capitalize on supporting thier clients IT organizations shift from a provider of technology to manager of IT services procured though cloud and oursource providers.

Found this from my stock screener.

With more companies entering a new technology spending cycle and businesses looking to maximize effeciency in software, the world's largest technology consulting firm will surely have a hand in a lot of those projects.

Will improve with economy over time

Like leadership's direction.

Accentures's customers are the biggest corporations in the world and should see better business as spending increases (hope) Oversold earnings play here

IT spending is up by more than 5% for 2011 and, working in the IT industry myself, I see external consutants being brough in by the truckload to work on major enterprise projects that have been on hold for the last 2 years due to the recession and cutbacks in budget