Here's Why You Should Add Accenture Stock to Your Portfolio

Accenture plc (NYSE: ACN) has seen its stock rise 22% in the past three months, outperforming the industry's 14.9% growth and the 2.4% uptick in the S&P 500 composite index.

We have a Zacks Rank #2 (Buy) on ACN shares, given the company's technological prowess, strong cash position, contribution from acquisitions and consistent dividend payouts.

Accenture PLC Price

Accenture PLC price | Accenture PLC Quote

Let's look at the factors in detail that make the stock an attractive pick.

Technology-Based Growth Strategy

Accenture's broader growth strategy focuses on delivering comprehensive value to its stakeholders through technology. By focusing on building a digital core with cloud, data, and AI technologies and investing in talent, Accenture is well-positioned for long-term success. We believe this strategy positions Accenture ...

https://www.benzinga.com/news/earnings/24/09/40882703/heres-why-you-should-add-accenture-stock-to-your-portfolio