Opinions
Jim Cramer - Mad Money
Kelly Services Inc.
KELYA-Q
DON'T BUY
Aug 29, 2022
Well-run, but it's so easy to get a job that people aren't using them.
$17.080
Stock price when the opinion was issued
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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.
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