Accenture’s Bookings Jumped a Solid 25% Last Quarter
Accenture (ACN) just had a HUGE quarter with new bookings, and that should translate to better business in 2021.
Accenture (ACN) just had a HUGE quarter with new bookings, and that should translate to better business in 2021.
Microsoft (MSFT) had a spended qtr with 34% profit growth as the company is benefiting from digital transformation.
Cintas (CTAS) is expected to see a pickup in demand for its uniform rentals now that the economy is opening up.
PerkinElmer (PKI) is making a lot of money off of COVID-19 products. Now that there’s a vaccine, profits are uncertain.
Adobe (ADBE) is growing good — 23% profit growth last qtr — but with a P/E of 44, the stock seems fairly valued here.
Dollar General (DG) is a bargain as its P/E is only 20. Our Fair Value is a P/E of 30, which is $320 a share for 2021.
Costco (COST) has a catalyst in ecommerce sales, especially groceries. Last qtr, online grocery sales jumped more than 300%.
Salesforce (CRM) is buying Slack, which is great. But most of CRM’s profits last qtr came from gains from the Snowflake IPO.
Target (TGT) has been rolling this past year. And what’s been boosting business is same-day pick-up and delivery.
Walmart (WMT) has a catalyst in ecommerce, which had U.S. sales growth of 79% last qtr. And Walmart+ is another catalyst.
TJX (TJX) reported +4% profit growth last qtr even though many stores were closed. Now, e-commerce might be a catalyst.
Ross Stores (ROST) had rather flat results last qtr, but investors seem to like that as the stock is close to All-Time highs.