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S&P Equity Research Picks KELYA Focus Stock of the Week


News provided by

Standard & Poor's

Jan 25, 2011, 10:30 ET

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NEW YORK, Jan. 25, 2011 /PRNewswire/ -- Kelly Services, Inc. (KELYA: $18) has been picked by Standard & Poor's Equity Research as its Focus Stock of the Week.  KELYA carries S&P's highest investment recommendation of 5-STARS, or Strong Buy.  Kelly Services offers staffing services, placing employees in areas such as office services, finance and accounting, creative services, education, engineering, information technology, law, science, and health care.

"We think KELYA's focus on the placement of workers to fill temporary, non-professional positions leaves it very well situated for the current market environment," said Michael Jaffe, Human Resources & Employment Services Equity Analyst at Standard & Poor's Equity Research.  "That view stems from the traditional order of labor recoveries, under which businesses typically show caution in their practices, and initially expand their staffs by adding workers in the areas that KELYA focuses on.  We also think the company will benefit in this expected recovery from a number of steps taken during the business downturn to cut costs and improve efficiencies."

To view a video of Mr. Jaffe discussing KELYA paste the following link into your browser.  

http://link.delvenetworks.com/media/?mediaId=a7508755ba3e4a55bf960346ca7dc342&width=480&height=411&playerForm=DelvePlayer

About Standard & Poor's Equity Research Services

As the world's largest producer of independent equity research, Standard & Poor's licenses its research to global institutions for their investors and advisors.  Standard & Poor's team of experienced U.S., European and Asian equity analysts use a fundamental, bottom-up approach to assess a global universe of multi-asset class securities across industries worldwide.  Follow Standard & Poor's equity analysts' U.S. market commentary each day at http://www.equityresearch.standardandpoors.com/.

The equity research reports and recommendations provided by Standard & Poor's Equity Research Services are performed separately from any other analytic activity of Standard & Poor's. Standard & Poor's Equity Research Services has no access to non-public information received by other units of Standard & Poor's.  Standard & Poor's does not trade for its own account.  The analytical and ethical conduct of Standard & Poor's equity analysts is governed by the firm's Research Objectivity Policy, a copy of which may also be found at www.standardandpoors.com or by clicking here.

For more information contact:

Marc Eiger, Communications, Tel.: 212-438-1280

[email protected]

All information provided by Standard & Poor's is impersonal and not tailored to the needs of any person, entity or group of persons.  Past performance is no indication of future results. Standard & Poor's and its affiliates provide a wide range of services to, or relating to, many organizations, including issuers of securities, investment advisers, broker-dealers, investment banks, other financial institutions and financial intermediaries, and accordingly may receive fees or other economic benefits from those organizations, including organizations whose securities or services they may recommend, rate, include in model portfolios, evaluate or otherwise address.

This material is not intended as an offer or solicitation for the purchase or sale of any security or other financial instrument. Securities, financial instruments or strategies mentioned herein may not be suitable for all investors. Any opinions expressed herein are given in good faith, are subject to change without notice, and are only correct as of the stated date of their issue. Prices, values, or income from any securities or investments mentioned in this report may fall against the interests of the investor and the investor may get back less than the amount invested. Where an investment is described as being likely to yield income, please note that the amount of income that the investor will receive from such an investment may fluctuate. Where an investment or security is denominated in a different currency to the investor's currency of reference, changes in rates of exchange may have an adverse effect on the value, price or income of or from that investment to the investor. The information contained in this report does not constitute advice on the tax consequences of making any particular investment decision. This material does not take into account your particular investment objectives, financial situations or needs and is not intended as a recommendation of particular securities, financial instruments or strategies to you nor is it considered to be investment advice. Before acting on any recommendation in this material, you should consider whether it is suitable for your particular circumstances and, if necessary, seek professional advice.

This material is based upon information that we consider to be reliable, but neither S&P nor its affiliates warrant its completeness, accuracy or adequacy and it should not be relied upon as such. With respect to reports issued to clients in Japan and in the case of inconsistencies between the English and Japanese version of a report, the English version prevails. With respect to reports issued to clients in German and in the case of inconsistencies between the English and German version of a report, the English version prevails. Neither S&P nor its affiliates guarantee the accuracy of the translation. Assumptions, opinions and estimates constitute our judgment as of the date of this material and are subject to change without notice. Neither S&P nor its affiliates are responsible for any errors or omissions or for results obtained from the use of this information. Past performance is not necessarily indicative of future results.

SOURCE Standard & Poor's

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