Accenture Ltd. (NYSE:ACN)
The Company is a management consulting, technology services and outsourcing organization.
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I work for this company, and I own the stock. That's my story, no guts, no glory!
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ACN'S business is in very good shape.
My feeling is, the stock is underrated.
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Tech consultant is riding high on corporate America's outsourcing boom.
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- india and other low cost markets going direct into US and other majos markets and squeezing out ACN
- too top heavy with old partners
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ACN has solid growth potential and is the best performing company in the technology services industry.
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Well run company that I still think is undervalued.
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Stock is down recently due to NHS project. However, consultanting companies are selling projects faster than they can staff them. That's gives them good pricing power.
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With the move towards outsourcing and industrialization in emerging markets, companies like this will benefit.
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As the ever increasing complexity of technology continues, there will remain a need for expert consultants to guide firms with the implementation of that technology. Plus, the world-wide status provides some hedging against the recent US turmoil.
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Rated highly in recent Forbes " Retire Rich " edition. In IT business and Accenture very well respected SI
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Actually own this one thanks to Inside Value. Liked it then at 23 and still like it now for the long term. A good company, ok dividends and a solid rep.
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They're clearly doing everything right and are far and away the most esteemed in their industry.
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ACN is the blue chip of IT Services: intense leadership, well-trained staff, always a step or two ahead of its competitors. ACN is moving agressively into transformational consulting: taking over, running, and improving client operations. This is riskier -- witness U.K patient records project problems -- but produces larger, more stable cash flows than traditionally cyclical and seasonal consulting.
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Testing Magic Formula stocks with low PEs.
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