It’s time for the Lightning Round. Cramer makes the call on viewer favorites.
*More than 137,000 temp jobs have been added in 2012. Oct 5- Businesses wary about the U.S. presidential election and the outlook for fiscal policy will probably hire temporary workers in the fourth quarter rather than full timers, a view that lifted staffing company shares on Friday.
We all know someone who has been stuck in a job they dislike but, due to a weak economy, has had little choice but to suck it up and stay put. Not anymore — and that's good news for staffing companies.
In a research report released this week, S&P Capital IQ analysts recommends six stocks that the ratings firm thinks will gain operating leverage and will reap profits. TheStreet.com details why S&P thinks these companies’ shares are bargains.
Forget government reports, Cramer said. Staffing companies provide a far better picture of the job situation.
“When a job comes open now, our members fill it with a temp, or they extend a part-timer’s hours...and then they wait to see what will happen next,” one small-business group told the NY Times.
Here's our contest "stock report" on what you're buying and selling and well with. Best and worst performers are being doming by earnings news. And Vonage got quite a boost yesterday, from the news of a court ruling in it's favor--in it's attempt to sign up new customers while it fights a patent suit from Verizon. We reported that in the blog yesterday. So Vonage ended up in best performer, most active and widely held--a trifecta for sure.