Latest news with #Accentureplc
Yahoo
23-05-2025
- Business
- Yahoo
Jim Cramer Advises to 'Buy Accenture (ACN)'
We recently published a list of . In this article, we are going to take a look at where Accenture plc (NYSE:ACN)stands against other stocks that Jim Cramer discussed recently. Inquiring about Accenture plc (NYSE:ACN), a caller asked if the strategy of breaking the company up would be a good way forward. In response, Cramer said: 'No, don't need to do that. No, don't need to do that. Now, this stock went down because of DOGE. Now that Elon Musk is back to Tesla, I actually think you'd buy Accenture. I've been listening to Julie Sweet. I think she's smart as a whip, and Accenture may be a company that can really help a lot of companies right here.' A team of data experts gathered around a computer monitor analyzing customer data. Accenture (NYSE:ACN) is a professional services company focused on strategy, consulting, technology, and operations. The company provides offerings that include intelligent automation and application-based solutions. Madison Investments stated the following regarding Accenture plc (NYSE:ACN) in its Q1 2025 investor letter: 'Accenture plc (NYSE:ACN) shares were weak in the quarter due to possible contract cancelations from the U.S. Federal government. While some lost business does seem likely, Accenture's overall exposure to this end market is limited and the headwind appears manageable.' Overall, ACN ranks 4th on our list of stocks that Jim Cramer discussed recently. While we acknowledge the potential of ACN as an investment, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than ACN and that has 100x upside potential, check out our report about this cheapest AI stock. READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires. Disclosure: None. This article is originally published at Insider Monkey.
Yahoo
22-05-2025
- Business
- Yahoo
Was Jim Cramer Right About Accenture plc (ACN)?
We recently published a list of In this article, we are going to take a look at where Accenture plc (NYSE:ACN) stands against other stocks that Jim Cramer discusses. Back in 2024, on May 16, a caller on the Mad Money show asked about Accenture plc (NYSE:ACN), which had dropped 20% post-earnings at the time. Cramer acknowledged the weak sentiment but suggested better options while still supporting Accenture: 'Boy, I'll tell you — I saw the downgrade yesterday too, and I couldn't believe all the way down here they downgraded. And I was thinking maybe it's Kindryl picking up the slack, maybe it's IBM. But I'm with you — I think Accenture's too low. But Professor, I think SAP is better. And I like ServiceNow more too.' Although the stock did climb initially, it fell back down to what it was back then, overall up 3.15% since. A team of data experts gathered around a computer monitor analyzing customer data. Accenture plc (NYSE:ACN) is trying to rediscover its AI positioning but has struggled to regain sustained investor enthusiasm since its correction. Cramer refrained from recommending it lately. When asked about it in April, Cramer said this: 'Accenture got, apparently, the way that people are looking at Accenture is that Accenture's being hurt by the DOGE crowd, and if that's the case, you can't go against DOGE. It's, I'll tell you the truth, it's better to buy Palantir.' Overall, ACN ranks 1st on our list of stocks that Jim Cramer discusses. While we acknowledge the potential of ACN as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than ACN and that has 100x upside potential, check out our report about this cheapest AI stock. cheapest AI stock. READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires. Disclosure: None. This article is originally published at Insider Monkey.
Globe and Mail
02-05-2025
- Business
- Globe and Mail
The Zacks Analyst Blog Highlights NVIDIA, Visa, HIVE Blockchain and Accenture
For Immediate Release Chicago, IL – May 2, 2025 – announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include: NVIDIA Corp. NVDA, Visa Inc. V, HIVE Blockchain Technologies Ltd. HIVE and Accenture plc ACN. Here are highlights from Thursday's Analyst Blog: Bitcoin On Track to Resume Rally: 4 Crypto Stocks in Focus The cryptocurrency market suffered in the first quarter of 2025 and struggled to rebound in April. The crypto market has been taking a hit as part of the broader market slump. However, the final days of April saw cryptocurrencies staging a rebound, with Bitcoin (BTC) back in the race to surpass $100,000. Bitcoin price is still more than 10% lower than its all-time high attained in December 2024. However, experts believe that the cryptocurrency is on track to surpass $140,000 once global trade tensions ease and the Federal Reserve resumes its rate cuts. Given this situation, it would be ideal to buy the dip. We have selected four stocks, namely NVIDIA Corp., Visa Inc., HIVE Blockchain Technologies Ltd. and Accenture plc. Each of these stocks has strong growth potential for 2025 and has seen positive earnings estimate revisions in the last 90 days. Bitcoin on Track to Surpass $100,00 Bitcoin's rebound came as the broader market rebounded last week after President Donald Trump said that he is ready for trade negotiations with China, while the White House is already having trade talks with several nations. Trump's comments gave the broader market a major boost. Cryptocurrencies also rallied. The momentum continued into this week, with Bitcoin surpassing $95,000 on Wednesday. Trump's tariff announcement triggered a major stock market selloff over the next few sessions, causing Bitcoin's value to drop below $74,000. However, markets have rebounded since he announced a 90-day halt on tariffs earlier in April. Market participants are also hopeful that the Federal Reserve could resume its rate cuts after inflation dipped in March for the first time since May 2020. Also, Trump has been pushing for rate cuts to bolster the economy. The Commerce Department reported on Wednesday that the U.S. GDP shrank 0.3% in the first quarter, raising concerns among investors. However, investors still held their nerves as many believe that one of the major factors behind this is that consumers spent less and saved more after Trump announced reciprocal tariffs. However, the fears have eased substantially over the past few weeks, and the economy may have recovered in April. 4 Crypto-Centric Stocks with Upside NVIDIA NVIDIA Corporation is a major player in the semiconductor industry and has been one of the standout success stories of 2023. As a leading designer of graphic processing units (GPUs), the value of the NVDA stock tends to surge in a thriving crypto market. This is primarily due to the crucial role that GPUs play in data centers, artificial intelligence and the mining or production of cryptocurrencies. NVIDIA's expected earnings growth rate for the current year is 41.8%. The Zacks Consensus Estimate for current-year earnings has improved 0.7% over the last 60 days. Currently, NVIDIA has a Zacks Rank #3. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. Visa Visa Inc. is taking a significant step toward modernizing cross-border money movement. In a move aimed at enhancing the efficiency of global transactions, V is expanding its stablecoin settlement capabilities to the high-performing Solana blockchain. This expansion of V includes collaboration with prominent merchant acquirers Worldpay and Nuvei, marking a pivotal development in the world of digital payments. Visa Inc.'s expected earnings growth rate for the current year is 12.4%. The Zacks Consensus Estimate for current-year earnings has improved 1.1% over the last 90 days. V currently has a Zacks Rank #3. HIVE Blockchain Technologies HIVE Blockchain Technologies Ltd. operates as a cryptocurrency mining firm. The company validates transactions on blockchain networks, as well as provides crypto mining and builds bridges between crypto and traditional capital markets. HIVE Blockchain's expected earnings growth rate for the current year is 72.3%. The Zacks Consensus Estimate for current-year earnings has improved 34.8% over the last 90 days. HIVE presently carries a Zacks Rank #3. Accenture Accenture plc is a worldwide system integrator that offers consulting, technology and various services. The company promotes Ethereum-based blockchain solutions to businesses, aiming to simplify payment processing. Accenture's expected earnings growth rate for the current year is 6.3%. The Zacks Consensus Estimate for current-year earnings has improved 0.1% over the last 90 days. ACN currently carries a Zacks Rank #3. Why Haven't You Looked at Zacks' Top Stocks? Since 2000, our top stock-picking strategies have blown away the S&P's +7.7% average gain per year. Amazingly, they soared with average gains of +48.4%, +50.2% and +56.7% per year. Today you can access their live picks without cost or obligation. See Stocks Free >> Zacks Investment Research 800-767-3771 ext. 9339 support@ Past performance is no guarantee of future results. Inherent in any investment is the potential for loss. This material is being provided for informational purposes only and nothing herein constitutes investment, legal, accounting or tax advice, or a recommendation to buy, sell or hold a security. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. It should not be assumed that any investments in securities, companies, sectors or markets identified and described were or will be profitable. All information is current as of the date of herein and is subject to change without notice. Any views or opinions expressed may not reflect those of the firm as a whole. Zacks Investment Research does not engage in investment banking, market making or asset management activities of any securities. These returns are from hypothetical portfolios consisting of stocks with Zacks Rank = 1 that were rebalanced monthly with zero transaction costs. These are not the returns of actual portfolios of stocks. The S&P 500 is an unmanaged index. Visit for information about the performance numbers displayed in this press release. 5 Stocks Set to Double Each was handpicked by a Zacks expert as the #1 favorite stock to gain +100% or more in 2024. While not all picks can be winners, previous recommendations have soared +143.0%, +175.9%, +498.3% and +673.0%. Most of the stocks in this report are flying under Wall Street radar, which provides a great opportunity to get in on the ground floor. Today, See These 5 Potential Home Runs >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Accenture PLC (ACN): Free Stock Analysis Report Visa Inc. (V): Free Stock Analysis Report NVIDIA Corporation (NVDA): Free Stock Analysis Report
Yahoo
26-04-2025
- Business
- Yahoo
Accenture (ACN) Fell due to the Potential Cancellation of Contracts
Madison Investments, an investment advisor, released its 'Madison Large Cap Fund' first-quarter 2025 investor letter. A copy of the letter can be downloaded here. In the first quarter, the fund (Class I) decreased 0.93% compared to the 4.27% decline for the S&P 500 index. In addition, please check the fund's top five holdings to know its best picks in 2025. In its first-quarter 2025 investor letter, Madison Large Cap Fund highlighted stocks such as Accenture plc (NYSE:ACN). Accenture plc (NYSE:ACN) is a professional services company that provides management consulting, technology, and outsourcing services. The one-month return of Accenture plc (NYSE:ACN) was -4.25%, and its shares lost 5.39% of their value over the last 52 weeks. On April 24, 2025, Accenture plc (NYSE:ACN) stock closed at $291.41 per share with a market capitalization of $182.43 billion. Madison Large Cap Fund stated the following regarding Accenture plc (NYSE:ACN) in its Q1 2025 investor letter: "Accenture plc (NYSE:ACN) shares were weak in the quarter due to possible contract cancelations from the U.S. Federal government. While some lost business does seem likely, Accenture's overall exposure to this end market is limited and the headwind appears manageable." A team of data experts gathered around a computer monitor analyzing customer data. Accenture plc (NYSE:ACN) is not on our list of 30 Most Popular Stocks Among Hedge Funds. As per our database, 79 hedge fund portfolios held Accenture plc (NYSE:ACN) at the end of the fourth quarter compared to 60 in the third quarter. Accenture plc (NYSE:ACN) reported revenue of $16.7 billion in the second quarter of 2025, a 5% increase in U.S. dollars and 8.5% in local currency. While we acknowledge the potential of Accenture plc (NYSE:ACN) as an investment, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns, and doing so within a shorter timeframe. If you are looking for an AI stock that is as promising as NVIDIA but that trades at less than 5 times its earnings, check out our report about the cheapest AI stock. In another article, we covered Accenture plc (NYSE:ACN) and shared the list of best edge computing stocks to buy according to hedge funds. In addition, please check out our hedge fund investor letters Q1 2025 page for more investor letters from hedge funds and other leading investors. READ NEXT: Michael Burry Is Selling These Stocks and A New Dawn Is Coming to US Stocks. Disclosure: None. This article is originally published at Insider Monkey.
Yahoo
18-04-2025
- Business
- Yahoo
Is Accenture plc (ACN) the Best Metaverse Stock to Invest in?
We recently published a list of . In this article, we are going to take a look at where Accenture plc (NYSE:ACN) stands against other best metaverse stocks to invest in. The metaverse, which comes under the video games industry, is a fast-growing digital frontier where immersive tech creates interactive virtual worlds. It is built on virtual reality (VR), augmented reality (AR), blockchain, and mixed reality, offering simulated spaces for socializing, working, learning, and playing. Essentially, it blends digital and physical realities to provide customized and immersive experiences via avatars, live communication, and spatial computing. Users no longer just browse static web pages – they move through dynamic 3D environments that mirror and enhance real-world interactions, marking a shift from simple apps to fully immersive virtual spaces. Metaverse is segmented into four types: lifelogging, augmented reality, mirror world, and virtual reality. The metaverse grows mainly by combining content streaming and blockchain infrastructure, where blockchain has improved secure transactions, digital asset ownership, and governance. These systems support user-driven economies where people build, sell, and profit from digital experiences, similar to Roblox. At the same time, the rise of 3D platforms, virtual markets, and gaming worlds drives investment. In 2024, the global video streaming market—crucial for immersive media—hit $674.25 billion. The Business Research Company reports that the global metaverse market is predicted to grow from $227.05 billion in 2024 to $316.34 billion in 2025, with a strong 39.3% CAGR. Whereas, S&P Global Market Intelligence predicts that global metaverse revenue will climb from $17.5 billion in 2023 to $54.5 billion by 2028, growing at a 25.5% CAGR. Businesses became the main customer segment, driven by the need for digital twin software and remote collaboration tools. According to S&P, these businesses strengthened their position in 2023, accounting for 42.8% of the entire metaverse market. As major companies expand virtual platforms and adopt faster streaming, metaverse services strengthen across industries. Moreover, social media and mobile internet have sped up the growth of the virtual ecosystem. With over 2.4 billion users on Meta (previously Facebook) and billions more on WhatsApp and YouTube, the digital world is more connected than ever. The line between digital and physical life keeps blurring as many daily activities—hanging out, entertainment, shopping—are already happening in early metaverse settings. This has sparked the development of virtual learning, workplace collaborative tools, and blockchain-based gaming economies. According to NewGenApps, VR and AR gaming is set to reach 216 million players worldwide by 2025, with a market worth $11.6 billion. Markedly, a 2024 survey revealed that 34% of game developers globally are creating titles for the Meta Quest Store, a digital marketplace, showing strong developer interest in immersive gaming platforms. Furthermore, generative AI is reshaping the next phase of the metaverse, ranging from custom content suggestions to auto-dubbing, editing, and better visuals. Streaming platforms now use large language models like GPT-4 to create real-time content and ensure moderation, making digital interactions safer and more accessible. Although the broader metaverse is still under development, technologies powering virtual economies—such as play-to-earn games, NFT marketplaces, and digital event tickets—already create income opportunities for users and developers. The Entertainment Software Association reported that 227 million Americans play video games every week, with an average age of 31. This shows a growing mainstream adoption of immersive content across different age groups. The combination of AI with VR/AR is helping platforms expand beyond gaming and entertainment into healthcare and business applications. As users want more personalized, high-resolution experiences, metaverse tech is advancing on low-latency infrastructures. Platforms like are changing streaming with super-fast delivery for gaming, education, and live shopping. Initially, the metaverse faced a lot of backlash due to a not-so-appealing experience and inability to connect with users. Despite less public buzz after 2022, progress hasn't stopped—the metaverse is young, with ongoing improvements pushing it forward. These advances, plus the growing demand for video-on-demand services, show how deeply the metaverse fits into digital viewing habits. As North America leads the market, with major players and high digital spending, Asia Pacific is also set for future growth due to the quick adoption of immersive tech. This shows that the metaverse isn't just a passing trend—it is a fundamental shift changing how people live, talk, and connect in digital spaces. As immersive environments disrupt traditional media, the metaverse is becoming a promising investment. To compile our list of the 12 Best Metaverse Stocks to Invest in, we first conducted extensive research to identify companies with significant exposure to the metaverse technology. First, we used stock screeners, ETFs, and online rankings to make an extended list of the relevant companies. Then, we extracted the number of hedge fund holders having a stake in the respective companies as of Q4 2024, using data from Insider Monkey's hedge fund database. The finalists are stocks with the highest hedge fund interest. Why are we interested in the stocks that hedge funds pile into? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter's strategy selects 14 small-cap and large-cap stocks every quarter and has returned 373.4% since May 2014, beating its benchmark by 218 percentage points (see more details here). A team of data experts gathered around a computer monitor analyzing customer data. Number of Hedge Fund Holders: 79 Accenture plc (NYSE:ACN) provides global professional services in strategy, consulting, technology, and operations across industries worldwide. It offers enterprise metaverse consulting services to help clients create new connections and consumption methods, positioning them as leaders in virtual experience development. The company's services include AI, cloud infrastructure, security, and digital creative work, along with Accenture Song, its digital creative group. Accenture's investments in immersive tech and digital twins match growing enterprise metaverse demand, establishing the company's stock as one of the best metaverse stocks. For Q2 FY2025 ending February 28, 2025, Accenture plc (NYSE:ACN) posted $16.7 billion in revenue, 8.5% growth in local currency, hitting the high end of projections. The company's EPS was at $2.82, beating expectations slightly, with a 13.5% operating margin (down 0.2% from last year). New bookings reached $20.9 billion, creating a strong 1.3 book-to-bill ratio. Consulting revenue boosted 6%, while managed services jumped 11%, with Accenture Song, cloud, and security all seeing double-digit gains. Furthermore, Accenture plc (NYSE:ACN) posted that GenAI revenue hit $600 million in Q2 alone, pushing first-half FY25 GenAI revenue to $1.1 billion—already beating full-year FY24 figures. The company secured $1.4 billion in new GenAI deals and expanded its data/AI workforce to 72,000 people. Accenture's Industry X division also performed well, highlighting its strength in combining physical and digital operations. Although most sectors performed well, U.S. federal business faced delays as the new administration reviewed spending. Federal contracts make up 8% of Accenture's global and 16% of its Americas revenue. Still, management raised its full-year outlook's lower end, now expecting 5-7% local currency revenue growth and similar EPS gains. Accenture plc (NYSE:ACN) plans to spend $2-3 billion on acquisitions this year to boost platform capabilities. Overall, ACN ranks 8th on our list of best metaverse stocks to invest in. While we acknowledge the potential of ACN, our conviction lies in the belief that certain AI stocks hold greater promise for delivering higher returns, and doing so within a shorter time frame. There is an AI stock that went up since the beginning of 2025, while popular AI stocks lost around 25%. If you are looking for an AI stock that is more promising than ACN but that trades at less than 5 times its earnings, check out our report about this cheapest AI stock. READ NEXT: and . Disclosure: None. This article is originally published at .
