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Staffing and Outsourcing Stocks Blast Off

Staffing and Outsourcing Stocks Blast Off
 
Is the Recruitment of Professionals a Leading Indicator of a Broader Based Expansion?
Where are the jobs? Apparently they are everywhere in the professional services. Staffing companies focused on nurses and doctors, finance people, and executive positions are on big share valuation run ups.
 
Have a look at AMN Healthcare Services Inc AHS which was trading in the $4.25 range in August and is currently trading in the $7.37 range, a gain of 73% in seven months on a very strong run up. AMN Healthcare Services provides medical, surgical, specialty, licensed practical or vocational, and advanced practice nurses, as well as surgical technologists and dialysis technicians for hospitals and healthcare facilities. The AHS Physician Permanent Placement Services segment provides permanent physician placement services to hospitals, healthcare facilities, and physician practice groups under the Merritt Hawkins brand name.
 
And take a look at Dice Holdings Inc which was trading under $7 in late August and is currently trading in the $14.70 range, a gain of 109% in seven months on another strong run up. Dice Holdings tested the $16 range throughout early February. DHX career Web sites, serves as online marketplaces, where employers and recruiters find and recruit prospective employees, and professionals. Dice Holdings operates eFinancialCareers.com, a recruiting and career development site for financial services professionals ClearanceJobs.com, an online career site for professionals with active the U.S. government security clearance and AllHealthcareJobs.com, a career site for healthcare professionals. DHX also operates JobsintheMoney.com, a recruiting and career development site for accounting professionals.
Then theres SFN Group Inc which was trading in the $5.50 range in late August and is currently trading in the $13.87 range, a gain of 152% in seven months. SFN Group Inc has already been testing the $15 level this month. SFN primarily works in two units Professionals and temporary staffing. SFN Group Inc operates under other staffing brand names including: Spherion, Spherion Recruitment Process Outsourcing, Sourceright Solutions, The Mergis Group, Todays Office Professionals, Technisource, and Emerging Workforce. As of February 23, 2010, SFN Group operated a network of approximately 600 locations in the United States and Canada.   
 
And finally take a look at Korn/Ferry International which was trading in the $13 range in late August and is currently trading in the $21.37 range, a gain of 64% in seven months. Korn/Ferry International has repeatedly tested the $24 threshold in the last 10 weeks. KFY executive recruitment services are used to fill executive-level positions, such as board directors, chief executive officers, chief financial officers, chief operating officers, chief information officers, and other senior executive officers in industrial, consumer, financial services, technology, life sciences, healthcare, and education, and the not-for-profit markets worldwide.
 
I like all four of these companies. Each has their specialty and niche. As for the run ups, I dont believe any of the four are done. KFY is testing $24, DHX is testing $16, and SFN is testing $15. I really like the AHS entry level price of $7.37. By Dennis Askew.

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