It would seem to me that if the job report number is good, that some of the employment stocks might get a lifts. Some of them are recovering a bit. You might want to take a look at KFY, HSII, MNST. Here's a picture of all of them--due click to make larger.
I was looking at some food stocks. I found a Brazilian food company, Sadia. Here's a brief description from their website:
Sales continue to grow at an impressive rate exceeding US$3.5 Billion in 2005, Sadia is therefore the largest poultry producer in Brazil and one of the world's leading producers of chilled and frozen Foods. Today approximately 50% of the volume is exported to more than 100 countries making Sadia Brazil's largest exporter of meat based products.
Here's a chart:
Here's a stock you don't here much about, a quiet, but persistent climber:
I've done no due diligence on any of these stocks, but I did want to introduce you to two groups that you don't hear too much about.
1 comment:
BLS revised upward the miserable August report from -4,000 jobs to +117,000, much to the chagrin of the permabears. Most BLS watchers were skeptical of the August number when it came out. Three month average for new jobs is about 137,000 and is indicative of a healthy economy with GDP growth in the 3.0%-3.5% range for the next 6-9 months.
If GDP stays on track, corporate profits should remain healthy. P/E's for the S&P are fine and indicate that stocks should rise 6%-9% over the next 6-9 months.
Big John
Post a Comment