Tuesday, April 26, 2011

Monster

My pick for this quarter us Monster.com. We all know about the website that our Pike brother has created. My interest was peaked by an analyst on MSNBC so I decided to research. Monster has had steadily increasing U.S job postings and strong growth in Europe and Asia. The sector overall is also showing stronger performance. Unemployment is decreasing and companies are spending more money in 2011 on online recruitment than previously predicted. Monster just ended 2 for 1 promotions, replacing them with 25% off offers, which should increase revenue. They are currently trading at $17.78 per share.

No comments: