12 Best Consulting Stocks to Buy According to Hedge Funds

8. Resources Connection, Inc. (NASDAQ:RGP)

Number of Hedge Fund Investors: 20

One of the Best Consulting Stocks, Resources Connection, Inc. (NASDAQ:RGP), primarily provides consultancy and business initiative support services through its operating subsidiary, Resources Global Professionals. There are two segments: Resources Global Professionals (RGP) and Sitrick. The RGP category focuses on providing consulting services that address its clients’ operational needs and transformation objectives by combining bench and on-demand talent. The Sitrick division offers corporate, financial, transactional, and crisis communication and management solutions. The majority of the company’s revenue comes from the RGP division. Geographically, it draws most of its revenue from North America, with the remainder coming from Europe and the Asia Pacific region.

Resources Connection, Inc. (NASDAQ:RGP) is successfully implementing its plan, resulting in sequential revenue growth, increased gross margins, and improved adjusted EBITDA. Stronger cross-selling, higher bill rates, and improved utilization all contributed to the Consulting segment’s growth. The business is in a strong position to grow in the upcoming year because of improved operational efficiency and a stabilized demand environment.

Revenue in the Consulting category climbed by $1.6 million, or 2.7%, to $60.6 million in the second quarter of fiscal 2025, from $59.1 million in the second quarter of fiscal 2024. The growth was principally driven by a 6.2% (also 6.2% on a constant currency basis) increase in the average bill rate, which was essentially the result of the company’s value pricing strategy.