Is Accenture Stock a Buy?

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Last September, I said Accenture (NYSE: ACN) was still a solid investment even after the IT services giant turned in a weak fiscal 2020 fourth-quarter earnings report. The stock price has risen roughly 15% since then as its fiscal 2021 first-quarter earnings beat in December brought back some bulls, but does it still have room to run?

Accenture provides strategy and consulting services, technology services, and outsourced business and security operations via cloud-based software. It offices are located in more than 200 cities across 50 countries, and its 514,000 employees serve clients in over 120 countries.

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