By Michael Cintolo, Vice President of Investments and Editor of Cabot Market Letter and Cabot Top Ten Weekly
From Cabot Wealth Advisory 1/6/11 Sign up for free Cabot Wealth Advisory e-newsletter
Despite all the talk of our jobs recession, I think there’s a good shot that the job market is going to pickup in a big way during 2011. And that view is bolstered by the action of some of the top stocks in the group.
In particular, I like both Monster Worldwide (MWW), operator of the Monster. com job search site (it’s become a huge global brand), and Korn/Ferry (KFY), which is more on the executive recruitment side of things.
Korn/Ferry has actually been showing some pretty stunning growth, with sales up 55%, 49% and 32% during the past three quarters, and earnings leaping 267% in the latest quarter. The stock catapulted out of a base four weeks ago and is tightening up in the 23 area. I think it’s a decent buy here, but note that the stock is thinly traded, so expect some volatility.
Editor’s Note: Mike Cintolo is Vice President of Investments for Cabot, as well as editor of Cabot Market Letter, a Model Portfolio-based newsletter of the best leading growth stocks in the market. Thanks to top-notch stock picking and market timing, Mike’s simple to follow and concentrated (no more than 12 stocks) portfolio has crushed the market by 14.4% annually since the start of 2007; he was up 24% in 2010. If you want to own the top leaders in every market cycle, be sure to give Cabot Market Letter a try by clicking here.
Vice President of Investments and Editor of Cabot Market Letter and Cabot Top Ten Weekly
A growth stock and market timing expert, Michael Cintolo is editor of Cabot Market Letter and Cabot Top Ten Weekly. Since joining Cabot in 1999, Mike has uncovered exceptional growth stocks and helped to create new tools and rules for buying and selling stocks. Perhaps most notable was his development of the proprietary trend-following market timing system, Cabot Tides that has helped Cabot place among the top handful of market-timing newsletters numerous times.
|Korn/Ferry International (KFY)
1900 Avenue of the Stars, Suite 2600
Los Angeles, California 90067
|Index Membership: S&P 400 MidCap, S&P 1500 Super Comp |
Industry: Staffing & Outsourcing Services
Full Time Employees: 1,406