Accenture (ACN) vs. CTSH and IBM: Can Valuation Recovery and Dividend Growth Drive the Next Upside?

Is ACN a good stock to buy? We came across a bullish thesis on Accenture plc on Quality At A Fair Price’s Substack by Longacres Finance. The thesis was published on August 25^th, when the stock was trading at $186.93, and ACN gained 38.41% since then. The gain appears to reflect stronger-than-expected quarterly results and an encouraging revenue outlook, easing fears that AI would disrupt its consulting business as demand for AI implementation services grows. In this article, we will...