In Q3, we initiated new positions in Accenture (ACN) and Constellation Brands (STZ). Like all technological innovations, AI should create both winners and losers. We exited Altria (MO), a tobacco company, and Atmos Energy (ATO), a natural gas distributor, choosing to recycle capital into more attractive opportunities as both stocks reaching our target selling ranges.
NEW YORK--(BUSINESS WIRE)--Accenture has acquired RANGR Data, a US-based Palantir partner with experience in driving scaled transformation through a client-centric approach.
We believe Accenture (ACN) stock could represent a solid value buy. It is currently trading below average valuation, is experiencing growth, albeit modest, and boasts strong margins alongside its low valuation.
NEW YORK--(BUSINESS WIRE)--Accenture and Apptio are working with PPL Corporation to transform how the company prioritizes and manages technology spending.
NEW YORK & STOCKHOLM--(BUSINESS WIRE)--Essity has selected Accenture and Microsoft to help the company accelerate the use of AI agents to unlock value.
Here is why we believe Accenture (ACN) stock warrants attention as a value investment. Currently, it is trading almost 37% lower than its high from the past year and at a PS multiple that falls below the average over the last 3 years.
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