RedHotStocks

BREAKOUT OPPORTUNITY IN MANPOWERGROUP INC.

Long
NYSE:MAN   ManpowerGroup
From a technical perspective MAN is setting up for a great breakout, all the indicators are positive and it's arguably forming its second inverse H&S pattern. Which was encouraging in Fridays session, was the volume increase on the break of the $96 suggesting that the breakout is genuine. Keep on strong watch for a break above $98 next week with a potential of $110.

AVERAGE ANALYSTS PRICE TARGET $98.55
AVERAGE ANALYSTS RECOMMENDATION HOLD
P/E RATIO 12

COMPANY PROFILE
ManpowerGroup, Inc. engages in the provision of workforce solutions and services. It operates through the following segments: Americas, Southern Europe, Northern Europe, Asia Pacific Middle East, and Right Management. The Americas segment offers services as Manpower, Experis, and ManpowerGroup Solutions through both branch and franchise offices. The Southern Europe segment provides permanent, temporary and contract recruitment, assessment and selection, training and outsourcing services. The Northern Europe includes comprehensive suite of workforce solutions and services through Manpower, Experis, ManpowerGroup Solutions in the United Kingdom, the Nordics, Germany, and the Netherlands. The Asia Pacific Middle East segment operates in Japan, Australia, Korea, China, and India. The Right Management segment delivers talent and career management workforce solutions. The company was founded by Elmer Winter and Aaron Scheinfeld in 1948 and is headquartered in Milwaukee, WI.

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