For investors who believe that an economic recovery is underway and that labor markets are going to begin healing at an accelerated rate, one challenge is trying to decide where to invest in order to benefit from these trends. Executive search and recruiting firm Korn/Ferry International (KFY) is one option investors should consider carefully.
While it is a small cap company, KFY is still one of the largest and most prestigious executive search firms in the country. I believe the company is poised to benefit enormously should labor markets heal even at a moderate pace. This is evidenced by the solid 11% rise in new bookings that KFY reported in December despite a modestly improving job market. An...
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