Accenture plc
Long
Updated

$ACN super undervalued

513
- ACN earning reports were solid and their Gen AI projects backlog are increasing that will translate into revenue next year.

- Every company is currently building their Gen AI applications. ACN stands to benefit this industrialization of the trend.

- Valuation is quite low in decades despite them growing and adapting to the most hottest tech trends in the industry.
Note
- Backlog of orders is going to materialize as lot of companies who are building Gen AI don't have talent to execute on these projects

- ACN had a massive layoff which will free up capital and they can re-invest in the talent who knows Gen AI and/or spend some amount in re-skilling their existing employees.
Trade closed: stop reached
closed at $280s

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