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Shares of staffing concern BGSF, Inc. are still down ~40% from pre-pandemic levels as its Real Estate segment continues to recover from the 2020 economic shutdown.
The recent disposition of the company’s light industrial segment will allow it to focus on its faster growing and higher margin Professional segment, specifically IT talent.
With a 4.7% dividend yield and the tailwind of a tight labor market, the recent insider buying in BGSF merited a deeper dive.