5 Companies and Industries That Make Money During A Recession

4. Accenture Plc (NYSE:ACN)

Industry: Information Technology

S&P 500 Outperformance in 2008: 29.5%

Accenture Plc (NYSE:ACN) is a professional services company that provides strategy and consulting, technology, and operation services globally. It is based in Dublin, Ireland.

Wells Fargo’s Jeff Cantwell initiated coverage of Accenture Plc (NYSE:ACN) shares with an Equal Weight rating and a $289 price target on January 30.

In 2008, Accenture Plc (NYSE:ACN) outperformed the S&P 500 by 29.5% because of its diversified consulting and services business. The company also performed well during the 2020 economic downturn, outperforming the benchmark by 7.8%.

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