Korn/Ferry International (NYSE:KFY)
CAPS Rating:
The Company is a global provider of talent management solutions that help clients to attract, deploy, develop, retain and reward their talent.
The Company is a global provider of talent management solutions that help clients to attract, deploy, develop, retain and reward their talent.
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Recs
To think KFY will continue its upward climb is to believe that the economy will not go soft or there will be no recession. Boy, I don't feel comfortable with that. The economy and labor market may not soften as much as the worst naysayers think, but I don't believe the positive trend is sustainable. KFY has dipped on weak spots in the past 18 months many times, even when the labor outlook was stronger than it is now. I actually expect KFY to notably dip before the end of the year, but am going long since the timing may not work out for market psychology reasons.