S&P Equity Research Picks KELYA Focus Stock of the Week
NEW YORK, Jan. 25, 2011 /PRNewswire/ -- Kelly Services, Inc. (KELYA: $18) has been picked by Standard & Poor's Equity Research as its Focus Stock of the Week. KELYA carries S&P's highest investment recommendation of 5-STARS, or Strong Buy. Kelly Services offers staffing services, placing employees in areas such as office services, finance and accounting, creative services, education, engineering, information technology, law, science, and health care.
"We think KELYA's focus on the placement of workers to fill temporary, non-professional positions leaves it very well situated for the current market environment," said Michael Jaffe, Human Resources & Employment Services Equity Analyst at Standard & Poor's Equity Research. "That view stems from the traditional order of labor recoveries, under which businesses typically show caution in their practices, and initially expand their staffs by adding workers in the areas that KELYA focuses on. We also think the company will benefit in this expected recovery from a number of steps taken during the business downturn to cut costs and improve efficiencies."
To view a video of Mr. Jaffe discussing KELYA paste the following link into your browser.
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