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Strategies & Market Trends : Value Investing

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To: Dr_of_Microcaps who wrote (49902)10/31/2012 7:16:10 PM
From: Paul Senior  Read Replies (1) of 78672
 
Staffing: Haven't followed the staffing sector in a while. TBI I've not been aware of. I'll have to consider. My past favorite has been Kelly Services (KELYA), and I'll consider that one again now too. MAN also, although it looks too expensive for me at current glance at its metrics.

I've been looking at the executive recruiters (as opposed to blue-collar firms). I am buying a few shares of HSII as it drops -- I like it's volatility. When/if the economy picks up and there's hiring, all these firms (stocks) can pop. As more of the boomers turn into geezers, I expect more retirements, more people moving up the ranks, and more demand for executive hires. And sometimes it seems that top executives change firms more frequently nowadays too. So all this might perhaps increase demand for executive recruiters/recruitment. For a positive to the downside of these publicly-traded recruiting firms - it's not like the business is capital intensive: At slow times, headcount is reduced.

Having contacts to get contracts and the recruiting firm having a good reputation are important. With HSII which has some metric numbers that I like, I just need the company to hold on to get its share of the business. Seems very doable: Company has plenty of cash, no ltd, and pays an okay dividend while waiting.

finance.yahoo.com
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