When Going's Tough Leaders Like Accenture, Kors Slip
Posted on April 16, 2012 at 17:45 PM EDT
It's normal for growth stocks to pull back and work on base patterns during intermediate declines in the general market. Among the highly rated foreign names doing exactly that are consulting giant Accenture (ACN) and clothing maker Michael Kors (KORS). Accenture, which is incorporated in Ireland, stands 6% below its March 26 high after consolidating over the past three weeks. The stock is finding support at its 10-week moving average, which is
