Quote:
Originally Posted by 68 stang
Greg, have you thought about looking into companies for investing based on who is hiring? My line of thinking says if they are hiring they should be growing.
Ben
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No I haven't... but there's a couple ways to think about that. If SALES are good that might happen BEFORE they add staff.. and sales are easy to track via the quarterly reports.
I firmly believe that all companies made their numbers in '09 and '10 probably via cost cutting.. and everyone has cut to the bone - so if sales are rising - then hiring WILL follow.... but "when"? So I like your theory... because it would certainly be a sure sign that business is good and they have confidence going forward.
Do you have a source for this info?