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ACN - Why This Top Retail Stock Is Poised To Fly High
Accenture plc Class A
Arts and crafts retailer The Michaels Companies(NASDAQ: MIK) might not look like the most obvious winner on the market today. The stock has plunged 72% lower over the last 52 weeks, posting spotty earnings and sales along the way, and has installed a new CEO to boot.
But that's the downturn that set Michaels up for a market-crushing rebound in 2020 and beyond. I think you'll agree that this company is more stable, profitable, and promising than the plunging stock chart might indicate.