iShares S&P Global Healthcare (IXJ) is an exchange-traded fund that seeks to track the S&P G...
Top Picks 2016: On Assignment
01/29/2016 7:00 am EST
Our Top Pick for speculative investing is a staffing firm that focuses on highly skilled, hard-to-find professionals in the technology, engineering, and life sciences sectors-areas generally insulated from the most cyclical job markets-explains Richard Moroney, editor of Upside.
The second-largest technology staffing firm in the US, On Assignment (ASGN) has nearly 2,250 consultants in more than 150 offices in North America and Europe.
The company is benefiting from a tight US labor market, market-share gains, and improved cost control. Aided by favorable pricing, profit margins have expanded in recent quarters.
Contributions from acquisitions and improved productivity have bolstered results. Wall Street expects per-share-profit growth of 21% this year and 22% in 2016.
Prudent investments have helped drive sales and profit growth. On Assignment is benefiting from strong demand and market-share gains, as many corporate human-resource departments have seen cuts in recent years.
On Assignment earns Quadrix scores above 80 for momentum, quality, and earnings estimates, a trait shared by only 4% of S&P 1500 members. The stock earns our highest Best Buy rating.
Related Articles on STOCKS
Scanning recent IPOs is one of our favorite methods of finding potential new leading stocks, but the...
There was ample optimism in January headed into the Alphabet (GOOGL) Q4 earnings report; just two da...
Jack Welch is the opposite of Jeff Bezos who doesn’t know how to spell quarterly earnings. Whe...