1. Exit Case: The Hackett Group Inc (NASDAQ: HCKT)

Overview: The Hackett Group, Inc. is an IP and platform-based, Gen artificial intelligence (A.I.) strategic consulting and executive advisory company. The Company operates through three segments: Global Strategy & Business Transformation (Global S&BT), Oracle Solutions and SAP Solutions.

HCKT has been a part of the ‘Growth Model Portolio’ since 19 September 2024, however, considering the recent rally, trading near the resistance in the stock, support & resistance levels, and ~19.90% upside from the entry price, an ‘Exit’ is recommended from the stock near the resistance of USD 32.23, as on (05^th December 2024).

The Hackett Group Inc (NASDAQ: HCKT), part of Kalkine’s US Growth Model Portfolio, has reached near its resistance level around which an exit case emerges.

1.1 Support and Resistance Summary as provided in our last published report dated 19th September 2024.

1.2 The Hackett Group Inc (NASDAQ: HCKT)

2. New Entry Case: Palo Alto Networks Inc (NASDAQ: PANW)

Overview: Palo Alto Networks, Inc. is a global cybersecurity provider. Its cybersecurity platforms and services help secure enterprise users, networks, clouds and endpoints by delivering cybersecurity backed by artificial intelligence and automation. It focuses on delivering value in four areas: Network Security, Cloud Security, Security Operations and Threat Intelligence and Security Consulting.

Technical Analysis: The Relative Strength Index (RSI) over a 14-day period stands at a value of 61.86, upward trending, with expectations of a consolidation or an upward momentum once the USD 410 level breaks on the upside. Additionally, the stock's current positioning is above both the 50-period SMA and 200-period SMA, which may serve as dynamic short to medium-term support levels.

Considering the above mentioned factors, technical analysis, support & resistance levels, key risks and outlook an ‘Entry’ is recommended in the ‘Growth Model Portfolio’ at the closing market price of USD 403.03, as on 05^th December 2024.

2.1 Support and Resistance Summary as on 05^th December 2024

2.2 One Year Technical Price Chart (NASDAQ: PANW)

Note 1: Past performance is neither an Indicator nor a guarantee of future performance.

Note 2: The reference date for all price data, and currency as of (05^thDecember 2024). The reference data in this report has been partly sourced from REFINITIV.

Note 3: Investment decisions should be made depending on an individual's appetite for upside potential, risks, holding duration, and any previous holdings.

Disclaimer

This information should not be relied upon as personal financial advice by Kalkine on (i) the stocks or (ii) the use or suitability of the model portfolios. Only an investor knows about their circumstances to make an investment decision.

Model Portfolio has been prepared for illustrative purpose only and does not consider the objectives, financial situation or needs of any investor. Accordingly, investors should, before acting on the information, consider its appropriateness, having regard to their objectives, financial situation and needs. Past performance is not necessarily indicative of future performance results. Actual investment returns will vary, and the value of investments can go up or down.