Get all your news in one place.
100's of premium titles.
One app.
Start reading
Barchart
Barchart
Mohit Oberoi

This Dividend Stock Yields 3.1% and Offers Massive Upside: Time to Buy?

It’s not often that we find high dividend stocks that also offer significant upside potential. However, Accenture (ACN) would fit the bill after falling over 45% from its all-time highs. The stock not only has a dividend yield of 3.1%, which is over twice the S&P 500 Index’s ($SPX) yield, but the average sell-side analyst sees it rising to $295.35 over the next year, which is 43% higher than current levels. Let's explore whether it makes sense to add ACN stock after the recent crash. We'll begin by analyzing why the stock has fallen in the first place.

www.barchart.com
Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.