Kelly Services, Inc. (NASDAQ:KELYA)

CAPS Rating: 3 out of 5

Provides staffing services to a diversified group of customers through offices located in major cities of North America, Europe and the Pacific Rim.

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Player Avatar ALPHADividend (96.28) Submitted: 4/16/2009 1:11:28 AM : Outperform Start Price: $9.60 KELYA Score: -28.21

This company appears to offer a solid opportunity as of today (April 2009).
The company is trading below reported book value and is paying high dividends. Additionally the company operates outside of the FIRE (financial insurance real estate) sector of the economy, so chances are, what you see is what you get. I've personally screened this company to ensure it did not expand excessively during the hot years (2004-2008).
This company was found today via google screener with the following criteria:
atleast 100m market cap or more
has fallen more than 45% past 1yr
dividend payers @3% or more
atleast 25% institutionally held
price to book less than 1
have total debt/assets less than 100%
have total debt/equity less than 100%
personally screened to make sure the companies were not FIRE industries (financial/insurance/real estate), oil commodity related, industrial metal commodities related, sea shipping related
personally verified limitation on expansion during boom years (not excessive BS growth from '04-'08)

the resulting dividend companies to buy are:
AM, BRC, CBS, CBT, CDI, CSS, GLT, HRC, KELYA, LYTS, MEI, MWV, SXI, TKR, UVV

conversely I will be looking to short opportunities with opposite criteria.

This will be the primary focus of this profile, to seek & obtain alpha from long/short dividend opportunities across various industries.
- ALPHADividend

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