E Daily Stock Pick: The Hackett Group

This week, I'm looking for the third technology sector representative of six for my Ivy portfolio.

That technology sector has nineteen industries ranging from communication equipment, computers, consumer electronics, and contract manufacturing, to health, information technology, and services, internet, scientific instruments, software, solar, and all such techno-marvels.

Today I'm reviewing small-cap information technology and advisory, firm named The Hackett Group Inc. Its ticker symbol is HCKT.

The Hackett Group Inc is a U.S based advisory firm. The company's offerings include executive advisory programs, benchmarking, business transportation, and technology advisory services. The company's executive and practices advisory programs offer performance metrics, peer-learning opportunities, and practice implementation practices. The benchmarking services help organizations measure and assess internal efficiency and effectiveness.

The business transformation programs help customers develop strategies to improve performance. The company's technology advisory services help clients improve decision-making capabilities and deploy software applications. The Hackett Group generates the majority of its revenue in the United States.

The company's benchmarking services conduct studies in the areas of selling, general and administrative, finance, human resources, information technology, procurement, enterprise performance management, shared service centers, and working capital management.

Its business transformation programs help clients to develop a coordinated strategy for achieving performance enhancements across the enterprise; ERP, enterprise performance management, and analytic solutions help clients in enhancing the value of their investments in enterprise software and business analytics; as well as off-shore application development, and application maintenance and support services.

The company was formerly known as Answerthink, Inc. and changed its name to The Hackett Group, Inc. in 2008.

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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

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