What Caught Our Attention in the Investment World? – Week of December 13-17, 2021

By Kuldip K. Ambastha

The stock of Accenture plc (ACN), a multinational professional services company which is strong in information technology (IT) services and consulting, was up by +6.7% for the trading day of Thursday, December 16, 2021. Accenture delivered impressive quarterly results for the past quarter, with earnings and revenues both surpassing estimates by large amounts. Accenture has strong products and offerings in the cloud, digital, and security spheres. These products and offerings have seen extensive demand because of companies needing them to steer digital transformations in workplaces due to the coronavirus pandemic (including the relatively new Omicron variant). Accenture sees a bright future going forward, and Wall Street equity research analysts are bullish about this Fortune Global 500 company as well.

Keywords – Accenture plc, Accenture, ACN, Fortune Global 500, multinational, professional, services, consulting, information technology, IT, digital, products, offerings, cloud, security, companies, transformations, workplaces, COVID-19, coronavirus, pandemic, Omicron, variant, Wall Street, equity research, analysts.

Disclosure – The principals and clients of Ambastha Financial LLC have no positions in ACN.

Disclaimer – No recommendations are being made via this post. Past performance is not an indicator of future performance. As an investor, you should do your own research and seek professional advice from a Registered Investment Adviser (RIA). You can lose money by investing in stocks and other instruments. Ambastha Financial LLC does not assume any responsibility (legal or otherwise) for any losses that may occur as a result of actions taken based on this post. All content copyrighted © 2021 – Ambastha Financial LLC.

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