"Accenture (ACN) recent earnings report was mixed. The biggest story here is their outsourcing business. The market expected the consulting side to struggle as discretionary tech spending is coming down. Accenture has a resilient business model with strong free cashflow. The professional services company is planning to cut 19K jobs or 2.5% of its workforce. Also, Darden Restaurants (DRI) is best in class and had a great earnings call," says Daniel Kern. Tom White discusses example option trades on ACN and DRI.
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