Hackett: Investor's Business Daily, "Hackett's Change Came at a Good Time"
22 July 2008 - 12:34AM
Business Wire
The Hackett Group (NASDAQ: HCKT) is a consulting firm that is
enjoying solid growth thanks to its distinct focus. Hackett stock
has defied the tanking market so far this year. Shares are up more
than 30% in 2008 and now trade above 6. This month, the stock
joined the Russell 3000 Index of the 3,000 largest publicly traded
companies in the U.S. IBD gives the stock a Relative Strength
Rating of 98, meaning it's performed among the top 2% of stocks
over the past 12 months. Hackett calls itself a strategic advisory
firm. It consults on industry best practices for clients to reach
certain business benchmarks. Customers fill out detailed forms,
then Hackett gives advice on how well they're doing with certain
business practices. The key is its database, which provides
benchmarks for best practices in any number of areas. Click Here to
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About The Hackett Group The Hackett Group, Inc. (NASDAQ: HCKT), a
global strategic advisory firm, is a leader in best practice
advisory, benchmarking, and transformation consulting services,
including shared services, offshoring and outsourcing advice.
Utilizing best practices and implementation insights from more than
4,000 benchmarking engagements, executives use Hackett's
empirically based approach to quickly define and prioritize
initiatives to enable world-class performance. Through its REL
brand, Hackett offers working capital solutions focused on
delivering significant cash flow improvements. Through its Hackett
Technology Solutions group, Hackett offers business application
consulting services that helps maximize returns on IT investments.
Hackett has worked with 2,700 major corporations and government
agencies, including 97% of the Dow Jones Industrials, 73% of the
Fortune 100, 73% of the DAX 30 and 45% of the FTSE 100. Founded in
1991, The Hackett Group was acquired by Answerthink, which was
renamed The Hackett Group in 2008. The Hackett Group has global
offices in the United States, Europe and India. More information on
The Hackett Group is available: by phone at (770) 225-7300; by
e-mail at info@thehackettgroup.com; or on the Web at
www.thehackettgroup.com.
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