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Is Accenture Stock a Buy?


Accenture (NYSE: ACN), one of the largest IT services companies in the world, posted its fourth-quarter earnings on Sept. 23. Its revenue climbed 24% year over year to $13.4 billion, which met analysts' expectations, while its adjusted EPS rose 29% to $2.20 and beat estimates by a penny.

Accenture's growth rates are impressive, but its stock has already rallied more than 40% over the past 12 months and is hovering near an all-time high. Is Accenture's stock still worth buying at these levels?

Image source: Getty Images.

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Source Fool.com

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