Resources Connection, Inc. (RECN)

Not convinced.

Upthumb. Nominal cash flow. 16% growth rate. Large quick ratio. No debt. Large margins.

buying spree

As with all my picks: A very attractive P/E, excellent EPS growth rate and high five year growth prospects.

near low, PE 16

I selected this stock because it was recommended by the Motley Fool SA service. The stock has dropped, but it's not time to sell. I'm counting on long-term returns.
Instead of selling, I can use this as an opportunity to learn how to make better stock selections in the future.

Long term, this business model makes sense as it's built out internationally. Legislation like SOX also helps keep their engine running. Stock has been abused over the last year, off 50%.

Oversold. International expansion. Hi margins. Labor market will get tighter, creating more demand for RECN's services.

I just bought some RECN at $22.05. As part of my buy and hope investment strategy, I'm crossing my fingers!

God forbid that their employees want to take a vacation and have Thanksgiving off... Recent pullback offers a good opportunity to get in at a great price, based on pure panic-sell silly slap-me-stupid news.

OK, I'm rating this an outperform before DD based on he 24% drop in price for a 4 star stock. The co missed first q income and sales estimates. Very suspicious about the statement that the miss was caused by giving their employees an extra week of vacation. vacatiion is good for employees, not bad so it shouldn't have that much effect on the companies volume and sounds like a flimsy excuse for something else going on.

Still a growth company - still expanding it's presence, still adding new revenue lines.

Financials look strong. This one is a LT hold, buy on the dips.

Great company in a slow growth industry.

Full of Resources!

Resources Connection (RECN) is an international professional services firm, with operating entities providing services under the name Resources Global Professionals. Its practice areas include Finance and Accounting, Human Capital, Information Management, Legal Services, Resources Audit Solutions and Supply Chain Management. They also provide a web-based content management system called policyIQ. The company operates from 79 offices spread across North America, Europe, the United Kingdom and Asia Pacific.

The market for professional services is extensive and fragmented. A study published in the Staffing Industry Report has estimated the size of the professional sector of the United States staffing market at $87 billion, which is well on a path to make new highs. The number of corporate scandals has increased over the years which have created an opening for professional services firm like RECN, that are certain to perk up.

Its revenues and income from operations in last five-year from 2001-2006 has grown at CAGR of 27.0% and 29.8% respectively. This has been further amplified with 16% increase in revenue for the second quarter ended 2007, mainly driven by solid demand for services across each of the company’s business lines. In the same quarter, number of new clients has increased; also company has maintained client continuity with same number of existing clients retained and served year over year.

Future initiatives of the company include growing revenues from existing major clients and to add new clients. They are also focusing on diversifying and marketing the scope of services to larger clients and expanding geographical presence organically as well as by way of acquisitions that will make way easier to enter new markets. In view of all the above factors, the stock price appears to have upside potential.

Dave M

Company International revenue is steadily growing,. US revenue has also been growing at an even keel year after year.

As with EXBD, the need for companies to be guided with a vision will demand growth for this resourceful company.

short covering