@Olli68 That may be true, but I don't think it's to the extent that the sell-off would suggest. In my opinion, you can't go far wrong at this level. I also jumped in recently.
@Olli68 What do you think of Accenture expansion into cybersecurity? They are aggresivily buying companies in this sector and this could substitute the potential loss from their classic "billing hours" segment
@TheMaverick Yes, they are acquiring a lot, but they are still a huge tanker. They need to switch from hourly-based billing to performance-based incentives. That is the biggest challenge. And I assume that 50% of the staff are redundant.
@Olli68 You’re absolutely right. But I think the market is really overreacting right now when it comes to AI. $ACN is in better operational and financial shape this year than it was last year and in recent years. AI fears are running through everyone’s veins right now, but in the past, there have been plenty of other issues that were hyped up to be much worse than they actually were. So I think that, aside from the current problems, you’re getting a top-tier company here at a ridiculously low price—and it might even get cheaper.
