Better buy: Accenture or Cognizant?

WWith the multi-generational, secular change to the Internet that grows every year, is there room for both? Accent (NYSE: ACN) and Competent (NASDAQ: CTSH)? In this “Beat & Raise” music video, recorded September 24, Fool.com contributors Brian Withers and Neil Patel highlight each company’s strengths.
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Brian Withers: Yeah, there was a question here from Fool Fan on, “Which is better buy, Accenture or CTSH?” who is aware. Fool Fan notes that Tom Gardner has CTSH in his personal wallet. I know that at one point Cognizant was a choice for the Eternal Wallet and I think they sold it. Let me verify. Stock market advisor. Yes. The Everlasting Portfolio has sold but it is possible. Tom likes to keep a share of the shares [laughs] that he sold just to remind him that he was in this business and that he has since moved on, which helps him keep track of it. Do you have an opinion, Neil, between these Cognizant and Accenture are looking for the same digital transformation customers and focus on onboarding customers in the cloud. Is there one that you see as a better buy right now?
Neil Patel: Not for some reason off the top of my head. I think this is one of those situations where a rising tide lifts all boats and there is just such a multi-generational, age-old shift to the internet that just gets bigger every year. Obviously cybersecurity is a huge threat, businesses don’t know how to deal with it, they don’t know how to prepare for it and that’s something I think every business in this space is going to benefit. I see Cognizant is selling for a much lower price or PE if that’s something that’s important to you. But I think the quality of Accenture, especially in the last quarter and over the past 12 months, given everything that is going on in the world, speaks to its quality. I think if you are interested in space, there is nothing wrong with owning these two names.
Brian Withers has no position in the stocks mentioned. Neil Patel has no position in the stocks mentioned. The Motley Fool owns shares and recommends Accenture and Cognizant Technology Solutions. The Motley Fool has a disclosure policy.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.