It always amazes me how many simple, under-the-radar types of companies rise to the top in my ranking system.
Most of the time they are stocks that have not been talked about on the financial channels.
Most of the time, I have not read about them in the financial media.
Yet, these stocks quietly produce terrific performance for their shareholders year after year.
Today, we are going to travel to Calabasas, Calif.
We are going to peek in on a $1.3 billion small-cap company that provides permanent and temporary IT, healthcare and lab support staffing to 5,347 clients via 76 offices in 24 states.
I told you that it was a very simple little company.
The name of the company is
This has also been a very strong sector in the market. I also like
Barrett Business Services
Computer Task Group
in this space.
Equities are still a good place to be. Small-cap equities are even better. When I rank all of the asset classes that I have to choose from, small-caps are still ranked number one.
Asset classes like cash, commodities, inverse funds, etc. continue to be the worst places to be invested.
Talk about a stock that has quietly been rewarding shareholders over the years...
As you can see, the stock has outperformed the market over the last ten years, five years, three years, one year, three months, and one month!
On Assignment even outperformed the market in 2008 when the market was down 38.5%.
These performance numbers raise the issue of momentum versus value once again.
Momentum investors generally ignore value.
Value investors generally ignore momentum.
I like to look to weigh them both. I hate value traps and I hate paying up for go-go stocks. Why can't we all just get along?
The momentum looks great, but what about the valuation?
Good stocks generally do not come cheap. When they do, I am all over them. Considering the performance of this stock over the years, I don't get a great deal of heartburn paying 19.5 times forward EPS for a 19% grower.
This works out to a PEG ratio of 1.03.
Ok, I have satisfied the performance investor inside of me. I have also satisfied the value investor side.
Now, what about all of the technicians out there? I also consider myself a technician. I look at hundreds of stock charts on a daily basis.
I look at one-year stocks charts. Is the stock in a sideways trend, uptrend, topping out trend, or a downtrend?
I like charts that are breaking out and possible in the early stages of a new uptrend.
It really narrows the field down when you require performance, value, and a healthy stock chart.
Let's see how the stock chart stacks up right now.
That is a nice-looking stock chart.
On Assignment currently has all of the qualities that I like in a stock.
I only have 25-30 spots on my portfolio roster. I only want to own the best.
On Assignment would definitely qualify as a candidate in an aggressive growth portfolio right now.
Only the top 3%-4% of the almost 3,300 stocks that I track earns a grade of "A." On Assignment is one of those stocks right now. It is also in my top 100 at #76 currently.
You know the drill, however. There are no guarantees in the stock market. All you can do is assemble the best ones that you can possibly find in your portfolio and monitor the heck out of them on a daily basis.
To see what I consider the best aggressive growth stocks right now click
At the time of publication clients of Gunderson Capital Management are long ASGN.
This article was written by an independent contributor, separate from TheStreet's regular news coverage.