Accenture(ACN)
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2 stocks likely to reach $200 billion market cap in June 2024
finbold.com· 2024-05-26 12:31
In May, the stock market has traded mainly in the green zone, with technology equities taking center stage once again. While big names are making headlines, other smaller stocks also have the potential to rally, driven by critical fundamentals that are likely to attract investor interest.Finbold has identified two equities that are likely to see an uptick in capital inflow and potentially hit the $200 billion mark in market capitalization by the end of June 2024. Alibaba Alibaba (NYSE: BABA), the Chinese e- ...
Why the Market Dipped But Accenture (ACN) Gained Today
zacks.com· 2024-05-22 22:51
In the latest trading session, Accenture (ACN) closed at $307.11, marking a +1.14% move from the previous day. This change outpaced the S&P 500's 0.27% loss on the day. At the same time, the Dow lost 0.51%, and the tech-heavy Nasdaq lost 0.19%.Heading into today, shares of the consulting company had lost 4.16% over the past month, lagging the Business Services sector's gain of 5.11% and the S&P 500's gain of 7.34% in that time.The investment community will be closely monitoring the performance of Accenture ...
Accenture (ACN) Subsidiary Completes Acquisition of Cognosante
zacks.com· 2024-05-21 17:55
Accenture plc (ACN) shares have gained 5% in the past year compared with the 12% rally of the industry it belongs to.The company’s subsidiary Accenture Federal Services announced yesterday that it has completed the acquisition of Virginia-based digital transformation and cloud modernization solutions provider Cognosante. The financial terms of the deal have been kept under wraps.Founded in 2008, Cognosante employs a team of 1,500 professionals and specializes in providing technology solutions to federal gov ...
Accenture (ACN) to Buy OPENSTREAM HOLDINGS & Its Subsidiaries
zacks.com· 2024-05-20 14:41
Accenture plc (ACN) recently announced that it plans to acquire OPENSTREAM HOLDINGS and its subsidiaries, Open Stream and Neutral. The financial terms of the deal have been kept under wraps.Open Stream, consisting of a 600-member team, specializes in consulting and systems integration services, offering advanced technologies such as AI, cloud, IoT and cybersecurity to the retail and logistics sectors. The company provides low-code development platforms for production management, accounting systems, inventor ...
This Sports Betting Stock Is 'Terrific,' Jim Cramer Says - Accenture (NYSE:ACN)
benzinga.com· 2024-05-17 12:58
Loading...Loading...On CNBC's “Mad Money Lightning Round,” Jim Cramer recommends buying sports betting company DraftKings Inc. DKNG, proclaiming, “I think it's terrific.”On May 2, DraftKings reported first-quarter revenue of $1.18 billion, up 53% year-over-year. The revenue total beat a Street consensus estimate of $1.12 billion, according to data from Benzinga Pro. The global online sports betting market size had a value of roughly $54.6 billion in 2023. It’s projected to exceed $142 billion by 2032, per Z ...
Accenture PLC (ACN) is Attracting Investor Attention: Here is What You Should Know
Zacks Investment Research· 2024-05-14 14:00
Accenture (ACN) has been one of the most searched-for stocks on Zacks.com lately. So, you might want to look at some of the facts that could shape the stock's performance in the near term.Over the past month, shares of this consulting company have returned -1.9%, compared to the Zacks S&P 500 composite's +2% change. During this period, the Zacks Consulting Services industry, which Accenture falls in, has lost 2%. The key question now is: What could be the stock's future direction?Although media reports or r ...
Accenture (ACN) Stock Sinks As Market Gains: Here's Why
Zacks Investment Research· 2024-05-10 22:50
Accenture (ACN) ended the recent trading session at $306.33, demonstrating a -0.09% swing from the preceding day's closing price. This change lagged the S&P 500's daily gain of 0.17%. On the other hand, the Dow registered a gain of 0.32%, and the technology-centric Nasdaq decreased by 0.03%.Prior to today's trading, shares of the consulting company had lost 5.71% over the past month. This has lagged the Business Services sector's loss of 2.38% and the S&P 500's gain of 0.17% in that time.The investment comm ...
Brokers Suggest Investing in Accenture (ACN): Read This Before Placing a Bet
Zacks Investment Research· 2024-05-09 14:31
Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sell-side) analysts often affect a stock's price, do they really matter?Before we discuss the reliability of brokerage recommendations and how to use them to your advantage, let's see what these Wall Street heavyweights think about Accenture (ACN) .Accenture currently has an average brokerage recommendati ...
Accenture: The Pessimism May Be A Little Overdone
Seeking Alpha· 2024-05-07 05:47
dem10 Overview Accenture (NYSE:ACN) is a leading global professional IT services company that helps the world’s leading businesses, governments and other organizations build their digital core, optimize their operations, accelerate revenue growth, and enhance citizen services — creating tangible value at speed and scale. They are an innovative company consisting of over 721,000 talented people serving clients in more than 120 countries. (Adapted from Accenture’s 2022 annual report) Accenture serves more ...
3 Dividend Achiever Stocks to Buy for Income and Growth
InvestorPlace· 2024-05-06 19:45
Dividend investors can produce outsized total returns by investing in stocks with a mix of yield and growth. Dividend growth stocks have the ability to grow their dividends each year, even during recessions.One way to do that is to start with the Dividend Achievers, a group of stocks with at least 10 years of consecutive dividend increases. Steady dividend growth over many years is an indication of a growing business, with rising earnings that can return higher shareholder distributions.These three Dividend ...