Topic: How To Invest

Hi Pat: I would like to have your opinion on this stock: Hackett Group.

Article Excerpt

Hackett Group, $4.85, symbol HCKT on Nasdaq (Shares outstanding: 42.4 million; Market cap: $205.5 million; www.thehackettgroup.com), provides strategic-advisory and technology-consulting services, mainly in the U.S. and western Europe. The company was formerly Answerthink, Inc. Hackett’s Archstone Consulting group (which it bought in November 2009), sells consulting services to clients in a range of industries, including consumer and industrial products, pharmaceuticals, manufacturing and financial services. Hackett’s REL group provides working-capital analyses (working capital includes accounts payable and accounts receivable) aimed at helping businesses improve their cash flow. Through its Hackett Technology Solutions Group, Hackett sells business-application consulting services that help clients maximize their returns on information-technology investments. In addition, the company has completed benchmark studies with over 2,800 major corporations and government agencies. Benchmarking involves comparing a business’s processes and performance to industry standards. Benchmarking can be a one-time procedure, but is more commonly a continuous process. In the three months ended April 1, 2011, Hackett’s revenue rose 13.1%, to $52.9 million from…