10 Buzzing AI Stocks Making Headlines

4. Accenture plc (NYSE:ACN)

Number of Hedge Fund Holders: 60

Accenture plc (NYSE:ACN) offers strategy and consulting, industry X, song, and technology and operation services. The company’s artificial intelligence consulting services and industry-specific solutions are high in demand. On December 6, Goldman Sachs analyst James Schneider upgraded Accenture plc (NYSE:ACN) to “Buy” from Neutral with a price target of $420 up from $370. The firm said that the professional services company has the best-in-class artificial intelligence use. Accenture has experienced substantial growth in its generative AI (Gen AI) business throughout the fiscal year 2024, achieving $3 billion in new Gen AI bookings that demonstrate its leadership in the Gen AI space.