Accenture Ltd (ACN) is a global leader in management and technology consulting services and outsourcing solutions with 200 offices in 54 countries.
The company has generated an impressive 50%+ return on equity over the last five years while growing earnings per share and dividends 13-15% annually. ACN should be able to continue this trend as a result:
(1) demand for consulting and outsourcing services are rising sharply in all its business segments,
(2) global economic improvement will contribute to revenue growth,
(3) Accenture’s strong financial condition will allow it to continue its aggressive stock buy back program.
