Accenture Stock Drops 19% YTD: Is Now the Right Time to Buy?

With Accenture’s (ACN) stock slipping 18.6% year to date, you may question whether this pullback presents a buying opportunity. To assess this, we evaluate the company's standing within the broader industry and its competitive landscape.Image Source: Zacks Investment ResearchAccenture’s decline mirrors the broader industry’s 18.5% drop and the 8% dip in the Zacks S&P 500 Composite. Some of its closest AI and IT services rivals have also experienced turbulence this year. DXC Technology Company (DXC) , a nota ...