What Recession? This Fortune 500 Company Continues Its Winning Ways
Talks of a slowing economy and a possible recession are dominating the headlines, but Accenture (NYSE: ACN), a global consulting giant, doesn't seem to have received the memo. The company defied the challenging macro environment yet again, and produced another quarter of outstanding results. Shares of Accenture have taken a beating with the downturn in the broader market, but that seems like an opportunity for savvy investors to add this long-term market beater to their portfolio.
Since its debut to the public markets in July 2001, Accenture has steadily emerged as a leading global professional services company. Accenture helps businesses develop strategies to grow revenue and operate more efficiently, and adopt modern innovations and technologies to get ahead of the competition.
What truly separates Accenture is its unparalleled breadth and depth of services. Its expertise across all company functions and specialized skills in various industries makes it very difficult for rivals to compete, especially on large, lucrative enterprise-scale solutions. More and more enterprises are seeking digital and operational transformations spanning multiple groups and in compressed timeframes. With its 710,000 employees based in over 50 countries and serving clients in 120 countries, Accenture is uniquely positioned to help with such large endeavors.
Source Fool.com
