A prudent investment decision involves buying stocks that have solid prospects and selling those that carry risks. At times, it is rational to hold certain stocks that have enough potential but are weighed down by tough market conditions.Here we discuss about Navigant Consulting, Inc. NCI, a stock that has rallied 24% year to date, significantly outperforming the industry’s 15.2% growth.We believe the stock has the potential to exceed expectations moving ahead. The reasons behind our optimism include the company’s transformation initiatives and technology investments. The long-term (three to five years) expected earnings per share growth rate for the company is 13.5%.Ongoing TransformationNavigant is in the process of transforming from an expert-based organization to a more industry-focused management consulting and managed services firm. Notably, the recent divestment of the Disputes, Forensics and Legal Technology segment, and Transaction Advisory Services (“TAS”) practice to Ankura Consulting Group, LLC is a part of this transformation. The strategic move is expected to help the company achieve higher growth, more streamlined operations and significant capital flexibility.Navigant Consulting, Inc. Revenue (TTM) Navigant Consulting, Inc. Revenue (TTM) | Navigant Consulting, Inc. QuoteA New Joint VentureNavigant recently launched a joint venture — Health System Solutions — with its partner Baptist Health South Florida. It is aimed at providing revenue cycle management (RCM) services to healthcare providers. The collaboration is expected to contribute significantly to Navigant’s RBR growth, going ahead.Technology InvestmentsNavigant is consistently investing in technology infrastructure to augment its technology-based service offerings so that it can efficiently meet the changing demands of its clients. The company has invested in development programs that are aimed toward improving sales effectiveness and collaboration across the organization. Its other focus areas include employee development, talent management and mentoring programs. We believe that these initiatives should add to Navigant’s ability to grow its business organically.Zacks Rank & Key PicksNavigant currently carries a Zacks Rank #3 (Hold). A few better-ranked stocks in the broader Business Services sector include Heidrick & Struggles International HSII, BG Staffing BGSF and Insperity NSP. While Heidrick & Struggles International sports a Zacks Rank #1 (Strong Buy), BG Staffing and Insperity carry a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.The long-term expected EPS (three to five years) growth rate for Heidrick & Struggles International, BG Staffing and Insperity is 13.5%, 20% and 18%, respectively.Wall Street’s Next AmazonZacks EVP Kevin Matras believes this familiar stock has only just begun its climb to become one of the greatest investments of all time. It’s a once-in-a-generation opportunity to invest in pure genius.Click for details >>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Navigant Consulting, Inc. (NCI): Free Stock Analysis Report Heidrick & Struggles International, Inc. (HSII): Free Stock Analysis Report BG Staffing Inc (BGSF): Free Stock Analysis Report Insperity, Inc. (NSP): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research