Published on 21 Feb 2022 on Insider Monkey via Yahoo Finance

Is Accenture (ACN) A Great Long-Term Investment?

Polen Capital, an investment management firm, published its “Polen Focus Growth” fourth quarter 2021 investor letter – a copy of which can be downloaded here. During the fourth quarter of 2021, the Polen Focus Growth Composite Portfolio (the “Portfolio”) returned 5.24% and 5.07% gross and net of fees, respectively. The Russell 1000 Growth Index (the “Index”) returned 11.64%, and the S&P 500 (the “S&P”) 11.03%. Spare some time to check the fund’s top 5 holdings to have a clue about their top bets for 2022.

Polen Focus Growth, in its Q4 2021 investor letter, mentioned Accenture Plc (NYSE: ACN) and discussed its stance on the firm. Accenture Plc is a Dublin, Ireland-based multinational professional services company with a $210.9 billion market capitalization. ACN delivered a -19.50% return since the beginning of the year, while its 12-month returns are up by 28.96%. The stock closed at $333.72 per share on February 16, 2022.

Here is what Polen Focus Growth has to say about Accenture Plc in its Q4 2021 investor letter: