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Charles River's Finance Practice Gets Senior Consultant

Zacks Equity Research

CRA International, Inc. that conducts business as Charles River Associates CRAI yesterday announced that it has appointed testifying expert Mukesh Bajaj as a senior consultant to its Finance Practice. Bajaj is experienced in managing consulting and litigation support assignments related to economic and financial issues.

His expertise encompasses several areas including securities fraud, insider trading, intangible assets, transfer pricing, purchase price allocation studies, valuation of complex derivatives and intellectual property, financial market microstructure, interests in closely held firms, warrants, restricted stock and other complex contingent securities.

Previously, he was senior managing director at Ankura and before that, managing director and global head of the Securities & Finance Practice at Navigant NCI.

Out Take

Addition of such expertise makes sense as the Finance Practice remains as one of the mainstays of Charles River.  The company delivers services to a wide range of organizations including financial companies, investment banks, exchanges, hedge funds, private equity funds, mutual fund complexes and venture capital funds.

We believe that the latest addition will further enhance the quality of the professional team that has helped Charles River achieve and maintain a solid reputation of providing high-quality consulting services.

Notably, shares of the company have gained 22.9% over the past three months, significantly outperforming the 4% rally of the industry it belongs to.

Other Stocks to Consider

Charles River Associates currently carries a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 (Strong Buy) Rank stocks here.

Some other stocks worth considering in the broader Zacks Business Services sector are S&P Global SPGI and Nielsen NLSN, each carrying a Zacks Rank #2.

Long-term expected earnings (three to five years) growth rate for S&P Global and Nielsen is 10% and 12% respectively.

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