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Is Accenture Stock a Buy?


Accenture (NYSE: ACN), which provides information technology (IT) and consulting services to a wide range of industries, has fared better than many industry peers over the past five years. Its stock has advanced over 150% in that time as it's acquired dozens of smaller companies, pivoted away from slower-growth markets, and expanded its reach across the higher-growth digital, cloud, and security markets.

Accenture's stock dipped briefly in March during the COVID-19 crash, but it's now trading near its all-time highs again. Let's take a closer look at this IT services giant and see if its stock still has room to run.

Image source: Getty Images.

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Source Fool.com

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