Accenture's Bet On GenAI Is Paying Off
ACNAccenture(ACN) Seeking Alpha·2024-08-17 22:35
HJBC Investment Thesis Accenture (NYSE:NYSE:ACN) has been on a buying spree in the past many months trying to carve out its own niche of consulting and managed services in the rapidly evolving world of GenAI. The Dublin, Ireland-based professional services company, as they now prefer calling themselves, has seen business growth come to a standstill after months of decline that started with the release of ChatGPT in November 2022. Accenture trades closely within a few deviations of the broader market ind ...