Charles River Associates (NASDAQ:CRAI) is a "global consulting firm that offers economic, financial, and strategy expertise to law firms, corporations, accounting firms, and governments around the world." CRAI offers its services in two broad areas (1) litigation, regulatory and financial consulting and (2) management consulting. Investors can think of CRAI as a publicly traded think tank. Of their 625 employee's at year-end 2012, 110 held doctorates and 140 held MBA's.
As a former management consultant in the economic damages field, I can tell readers that CRAI does have a quality reputation in the industry and puts out quality analysis.
However, the stock has underperformed over the years and I wanted to bring the company to the attention of...
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