Manpower, Inc. (MAN)

A job-less recovery is just political speak for "Nothing to see here. Everything is fine. You are happy. Do not look behind the curtain. Ignore that little man Bernake. Be calm."

So no need for man power or Man Power (MAN) it would seem.

This account tracks the performance of the investment firm Ruane, Cunniff, and Goldfarb - the investment manager of Sequoia Fund.

Cyclical action in an uncertain market in an adverse environment.

quality it is

First fundamentals wise is that the trend is that unemployment will continue to rise, and will not rise significantly for at least a year. Just look at major corporations they have mostly a hiring freeze in effect, from the names such as Google, Cisco, Microsoft have in effect reduced their workforce.

Valuation wise this stock is way too rich, especially when they don't dominate their markets.
P/E ratio at 24x
Trailing P/E of 35x
P/B at 1.42

Revenues and earnings growth are in marked decline. It's hard to say that this will outperform the market, when over 70% of their business comes from Europe. With the EU with unemployment close to 10%, with some close to 20% fiscal policy does not see a quick turnaround story.

There are numerous competitors, while Manpower does not have a significant lead over it's peers.

They manage labor forces...unemployment is skyrocketing. We aren't talking rocket science. Despite an intelligent trend to transfer HR responsibilities/benefits to outside companies like Manpower, it is doubtful they can convince companies fast enough why their service is helpful. Companies will be trimming costs wherever possible, and this seems likely to be a simple decision for managers who can't see past their noses.

This company seems Dependant on a good economy.

unemployment will rise

Until the end of the whole economic downturn, this is going to dip even lower.

Folks are losing their jobs and Manpower has the market name in finding people work. Its the first thing that pops in your head if your in a tight spot....

This stock had is coming off an 11 point pop on April 18. It seems that Manpower actually performs better in bear markets, as companies lay off employees and turn to cheap temp labor.

As firms tighten their own payrolls, the natural way to hire employees is through staffing ... Saves on Benies & Welfare, payroll & advertising costs for open positions ... Also allows a company to downsize bloated HR departments ... Good pick for the downturn ...

P/S,P/BV,P/E better than s&p500 and DJ average, positive ROE and ROA. I want to see if this still works!

I have always used this as my lynchpin stock. It has never failed to yield me a dividend.

Favorable risk / reward profile
for comparative analysis and other stocks with favorable risk / reward profiles, view:

http://f1.grp.yahoofs.com/v1/8EF3R4tbNvpbI1SUgN2s5cv3kn0S2YU_r6vlJpSdVxbkYnCy4Q5V4m6oAmqNU2WnbcnNCzcELTwA2y9D3n-PxA/PRV/PRV%2007.11.30.xls

Looks like a good investiment considering current market volitility.

Disclosure: I own no shares of this stock.

china expansion. very very down stock

International play. US based client base impressive. Potential category killer.

for those who do not believe in a recession coming our way, it's time to pick up this stock now

Excellent management ensures long-run profitability.