Accenture Q1 Earnings Preview: Textbook Value Trap
Since my last Accenture ( ACN ) analysis , the stock has lost -22% in price. I issued a Hold rating at the time due to my recognition of low return prospects. Even though the investment is now structurally undervalued, I seeAnalyst’s Disclosure:I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (o ...