2024-07-14 10:55:36 ET
Summary
- Robert Half faces selling pressure due to increased unemployment in 2024. Yet, a normalized pre-COVID job market could increase demand for the firm's services.
- Today's share undervaluation is close to past recessions, but with a much smarter dividend yield proposition.
- Rare technical momentum strength has appeared since June, which could signal an oversized share price advance is approaching into 2025-26.
Robert Half Inc. ( RHI ) is a top job placement agency, coming under selling pressure from an uptick in unemployment during 2024. The bearish stock ownership argument is fewer job openings mean less business for the firm, which is somewhat supported by past economic cycles....
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For further details see:
The Bottom Fishing Club: Robert Half, Dividend Play With Turnaround Potential