E Daily Stock Pick; Resources Connection

A portfolio of stocks I'm building, named Ivy, holds 52 dividend dogs. Ivy is the fourth portfolio I've built (at a one dividend dog per week pace) since 2014. Four portfolios = IV!

Today I'm reviewing the second of five industrials sector stocks this week striving to become the eighth of eight from that sector to join the Ivy folio.

That industrials sector includes twenty-three industries all related to designing, fabricating and servicing stuff we want and use. The industrials industries range from aerospace and defense to waste management with all the transportation, business services, and equipment required in between.

Today I'm reviewing a small-cap business services outfit named Resources Connection Inc. Their trading ticker symbol is RECN. I selected RECN over the past weekend as a replacement foe a struggling industrial sector stock in the Ivy collection. Yes surprise, it's already in! Here's their story:

Resources Connection Inc provides consulting and business initiative support services primarily through its operative subsidiary, Resources Global Professionals (RGP).

The company offers transformation and improvement, financial reporting and analysis, strategy development, and program and project management services and support.

Its clients operate in the accounting, finance, corporate governance, risk and compliance management, corporate advisory, strategic communications and restructuring, information management, human capital, supply chain management, and legal and regulatory sectors.

The company was formerly known as RC Transaction Corp. and changed its name to Resources Connection, Inc. in August 2000.

Resources Connection, Inc. was founded in 1996 and is headquartered in Irvine, California. It does most of its consulting through its operative subsidiary, Resources Global Professionals (RGP).

I use three key data points to gauge dividend-paying equities or funds like Resources Connection Inc:

(1) Price

1 2
View single page >> |

Disclosure: This article was compiled by Rydlun & Co., LLC from data derived from www.ycharts. com; www.finance.yahoo.com; analyst median target price by YCharts Catch Your ...

How did you like this article? Let us know so we can better customize your reading experience. Users' ratings are only visible to themselves.


Leave a comment to automatically be entered into our contest to win a free Echo Show.