ManpowerGroup Inc. MAN will exhibit its latest technology additions at this year's World Economic Forum Annual Meeting (Jan 23-Jan 26) in Davos, Switzerland. The advanced inclusions of the company seamlessly blend human ingenuity with state-of-the-art technologies and will help modern organizations transform digitally.
Over the last month, ManpowerGroup's shares have gained 4.7%, outperforming 3.4% growth recorded by the industry .
This Zacks Rank #2 (Buy) stock is poised to grow on the back of its robust global business network, sound restructuring moves, disciplined pricing, stronger productivity and new innovation investments.
Inside the Headlines
The influence of technology on organizations of every sector and size has been accelerating over time. Companies are currently pairing their skipped workforce with non-imitable technologies for unlocking new social welfares, enhancing business value and transforming consumers' lives. Notably, it is predicted that by 2020, almost 30% of industry sales will be generated from new technology-based business models.
Therefore, ManpowerGroup's latest inventions - DigiQuotient and Zara the avatar - are anticipated to secure strong response from the market.
Zara the avatar, buttressed by artificial intelligence, will call for scientifically authenticated questions, established by the company's Right Management leadership and career experts. On the other hand, DigiQuotient will map collective characteristics with prominent leaders, on grounds of Organizational and Industrial Psychology.
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Some other top-ranked stocks in the Zacks Categorized Business Services Sector are listed below:
On Assignment, Inc. ASGN currently sports a Zacks Rank #1 (Strong Buy). The company has pulled off a positive average earnings surprise of 5.39% in the last four quarters. You can see the complete list of today's Zacks #1 Rank stocks here .
Booz Allen Hamilton Holding Corporation BAH flaunts a Zacks Rank #1. The company has pulled off a positive average earnings surprise of 4.19% during the same time frame.
Black Knight Financial Services, Inc. BKI holds a Zacks Rank #2, at present. The company has generated a positive average earnings surprise of 2.38% over the preceding four quarters.
The Hottest Tech Mega-Trend of All
Last year, it generated $8 billion in global revenues. By 2020, it's predicted to blast through the roof to $47 billion. Famed investor Mark Cuban says it will produce ""the world's first trillionaires,"" but that should still leave plenty of money for regular investors who make the right trades early.
See Zacks' 3 Best Stocks to Play This Trend >>
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report ManpowerGroup (MAN): Free Stock Analysis Report On Assignment, Inc. (ASGN): Free Stock Analysis Report Booz Allen Hamilton Holding Corporation (BAH): Free Stock Analysis Report Black Knight Financial Services, Inc. (BKI): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research