Opinions
Cameron Hurst
Kelly Services Inc.
KELYA-Q
BUY
Jan 11, 2018
$28.430
Stock price when the opinion was issued
0
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The US labour market is very tight. Any number of measures suggest this. You are seeing this work through into modest wage appreciation very slowly. With synchronized global growth compounded with reduced cap-x and fixed asset investment, he sees very high profit margins and a move away from labour and into technology investment. This is all good for this company. People watch it with regards to tightness of the labour market. He thinks investing in the labour market is appropriate.