Manpower Looking Mighty
Manpower (MAN) calls itself a worldwide provider of innovative workplace solutions. In plain English, that means the firm places workers in businesses through almost 3,900 offices, spread over 82 countries. Full-year 2011 revenue likely totaled about $22 billion for the first time. Non-U.S. sales make up around 85% of the total, making Manpower a nice play if you're looking for a falling dollar.
While the greenback has been strong recently due to euro weakness, the long-term trend is clearly downward. Here is a chart of the trade-weighted dollar chart from January 2002 through mid-2011....225 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.
There’s no substitute for a trading floor to get great ideas, so Jim Cramer created a better one at Real Money and blogs there exclusively. We then added legendary hedge fund manager, Doug Kass, with his exclusive Daily Diary and best investing ideas. Staffed with more than 4 dozen investing pros, money managers, journalists and analysts, Real Money Pro gives you a flood of opinions, analysis and actionable trading advice found nowhere else, and allows you to interact directly with each expert.
Already a Subscriber? Please login.
