Accenture PLC (ACN): Today's Featured Diversified Services Winner

Accenture ( ACN) pushed the Diversified Services industry higher today making it today's featured diversified services winner. The industry as a whole closed the day up 1%. By the end of trading, Accenture rose $1.24 (2%) to $64.06 on average volume. Throughout the day, 2.8 million shares of Accenture exchanged hands as compared to its average daily volume of 3.3 million shares. The stock ranged in a price between $63.23-$64.15 after having opened the day at $63.52 as compared to the previous trading day's close of $62.82. Other companies within the Diversified Services industry that increased today were: CIBT Education Group ( MBA), up 12.8%, National American University Holdings ( NAUH), up 12.7%, Research Frontiers ( REFR), up 11.6%, and Swisher Hygiene ( SWSH), up 9.6%.

Accenture plc operates as a management consulting, technology services, and outsourcing company. Accenture has a market cap of $40.62 billion and is part of the technology sector. The company has a P/E ratio of 16.7, equal to the average computer software & services industry P/E ratio and below the S&P 500 P/E ratio of 17.7. Shares are up 18% year to date as of the close of trading on Tuesday. Currently there are 13 analysts that rate Accenture a buy, no analysts rate it a sell, and seven rate it a hold.

TheStreet Ratings rates Accenture as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures, solid stock price performance, impressive record of earnings per share growth and compelling growth in net income. We feel these strengths outweigh the fact that the company shows low profit margins.

On the negative front, Iconix Brand Group ( ICON), down 14.6%, Zipcar ( ZIP), down 10.8%, Rainmaker Systems ( RMKR), down 9.1%, and Information Services Group ( III), down 6.9%, were all losers within the diversified services industry with Rent-A-Center ( RCII) being today's diversified services industry loser.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the diversified services industry could consider iShares Dow Jones US Cons Services ( IYC) while those bearish on the diversified services industry could consider ProShares Ultra Short Consumer Sers ( SCC).
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