Billionaire George Soros’ Long-Term Stock Picks

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7. Accenture plc. (NYSE:ACN)

Number of Hedge Fund Holders: 60    

Soros Fund Management’s Stake: $26.8 million

Accenture plc. (NYSE:ACN) is a professional services company that provides strategy and consulting, interactive, industry, and technology and operation services worldwide. There are several compelling factors that make this company a strong investment. Firstly, the report for the fourth quarter of 2024 showed strong growth both in the overall market and after accounting for currency fluctuations. For instance, total revenues were $16.4 billion, an increase of 3% compared to the previous year. GAAP operating margin was 14.3%, an increase of 230 basis points, which reflects improved profitability and operational efficiency. In addition, an adjusted operating margin of 15%, a 10 basis point increase, was recorded, signaling the company’s solid financial management and ability to generate higher returns. Secondly, Accenture is envisioning the future with its platforms, GenWizard, SynOps and AI Refinery, offering pre-built industry agents and workflows to accelerate the time needed to build and see value from specialized multiagent systems. Moreover, Accenture has unveiled a Generative AI Scholars Program with Stanford Online to help clients sharpen gen AI knowledge and skills.

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