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Accenture: Navigating Challenges, Strong Free Cash Flow And Balance Sheet
ACNAccenture(ACN) Seeking Alpha·2024-01-16 18:18
VioletaStoimenova/E+ via Getty Images Investment Thesis Accenture plc (NYSE:ACN) is a professional services firm specializing in consulting and outsourcing. It's a stably growing, well-managed business. The stock is not blemish-free. Indeed, I openly discuss that its growth rates are practically non-existent. However, I maintain that ACN is an attractive stock to consider. Not because of its unappetizing growth rates, but rather because the business oozes cash flows, and its balance sheet is so strong.  ...