This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
TheStreet Open House

Top 4 Staffing Stocks for an Improving Economy

Manpower Group

Content on this page requires a newer version of Adobe Flash Player.

Get Adobe Flash player

Staffing firm Manpower Group (MAN) saw its shares tumble this summer, and they have only partially recovered. That's because this Wisconsin-based firm also has a great deal of exposure to Europe, which accounts for 66% of sales.

Still, that exposure hasn't hurt results as badly as you'd expect. In the most recent, Manpower noted that European results were up in every country compared to a year ago. And that enabled the company to beat EPS forecasts by more than 10%.

Make no mistake, the European job market will lag the U.S. job market. Analysts expect U.S. employment to keep building from here, but don't expect that to be the case in Europe until at least the second half of 2012.

Analysts think Manpower's EPS will drop around 5% this year to around $3.10. Merrill Lynch has the lowest EPS forecast on Wall Street, anticipating EPS of just $2.70, but it also thinks results will sharply improve after that, with EPS hitting nearly $4 by 2014.

Shares of Manpower trade for roughly half of what they fetched back in 2007, and for long-term investors, this staffing stock may have the greatest upside as it slowly regains lost ground.

Manpower also shows up on a list of 5 Staffing Companies With Upside in 2012.

3 of 5

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
DOW 17,132.10 +100.96 0.59%
S&P 500 2,000.09 +15.96 0.80%
NASDAQ 4,555.0710 +36.1690 0.80%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs