Temporary Agencies May Provide Permanent Returns for your Portfolio

The number of temporary workers has been increasing for many years. According to a recent press release from the Bureau of Labor Statistics on July 5, "Employment continued to trend up in temporary help services (+10,000)". Why are companies hiring more temps and less full time workers?

Avoiding Obamacare

Ease of terminating temporary employees in the event of a business downturn

Getting to know how a potential employee will work out before hiring them as a permanent employee

More financial flexibility

Avoiding unemployment taxes

No union issues

Transfer of the burden of I9 checks

There are many other reasons that companies use temporary workers, but you can see how these benefits can cause numerous companies to turn to temporary agencies. According to WallStreetNewsNetwork.com, there are over a dozen publicly traded companies which provide temporary employment services, with half a dozen paying dividends.

Robert Half International (RHI) is a provider of temporary and full-time staffing throughout the world. This Menlo Park, California based company was founded in 1948. The stock, which trades at 22 times trailing earnings and 17 times forward earnings, pays a generous dividend of 1.9%. Earnings for the latest reported quarter jumped 15.6% on a 0.8% rise in revenues. The company reports earnings on July 22.

Another major player in the temp worker employment field is Kelly Services, Inc. (KELYA) which has been in business since 1946. The stock has a trailing price to earnings ratio of 13 and a trailing PE of 11. The dividend yield is a CD beating 1.1%. Latest quarterly earnings spiked 34.4% on a 3% drop in sales. The company will report n August 5.

ManpowerGroup (MAN) has about 3,500 offices in 80 countries. It trades at 16 times forward earnings, however recent quarterly earnings were down 40.5% on a 6.4% reduction in revenues. The dividend yield is 1.5%. Earnings will be reported July 19.

For a free list of all the temporary staffing stocks, go to WallStreetNewsNetwork.com.

Disclosure: Author didn't own any of the above at the time the article was written.

By Stockerblog.com

New Years Resolutions Stocks

Now that we are in a new year and a new decade, Americans are making their New Years resolutions, everything from losing weight to getting a new job to exercising more. Fortunately, there are many publicly traded companies that are available to fill these needs.

For example Weight Watcher's International Inc. (WTW), founded in 1963, is one of the oldest weight loss companies. The stock has a forward PE of 10.4, and pays a fairly generous yield, at least compared to other New Years stocks, of 2.4%. The company just declared another dividend of 17.5 cents per share, and went ex dividend on December 31, with a payable date of January 15.

Another company that has a lot of weight loss customers around the world is Herbalife Ltd. (HLF). The company, which also provides nutritional supplement and personal care products, has a forward PE of 11, with a yield of 2%.

For those that want to exercise more this year, you first need to have the right clothing. Lululemon Athletica Inc. (LULU) is a Vancouver, Canada based company that produces and markets fitness related apparel for yoga, running, dancing, and other exercise related activities. The stock has a forward PE of 32.4, which is a bit on the high side compared to its competitors.

Once you have the clothes, you can join the health club. Life Time Fitness Inc. (LTM) operates sports, athletic, and fitness centers. The stock has a forward PE of 12.7.

Once you have your weight and health under control, maybe you want to look for a new and better job. Robert Half International Inc. (RHI) is the Menlo Park, California based provider of temporary and permanent staffing around the world. The stock has a very high PE of 65.2, but does pay a yield of 1.8%.

Last but not least, if you are single, maybe now is the time to start looking for a mate. IAC/InterActiveCorp. (IACI) owns two of the largest online dating services, Match.com and Chemistry.com. The stock has a forward PE of 28.9.

If you want to see a free downloadable Excel databased of a dozen New Years Resolution stocks, half of which pay dividends, check out WallStreetNewsNetwork.com.

Author does not own any of the above.

By Stockerblog.com