 |
|
|
Kenexa has strong synergies with |
|
|
its Salary.com web presence. |
|
|
Released on Friday, September 2, 2011, 8:00 AM ET
Pittsburgh, PA (SpeculatingStocks) - Kenexa helps companies sort through the worker pool and recruit and retain the best employees. KNXA's services are very much in demand despite the weakness of the unemployment picture. There are so many qualified candidates for positions and Kenexa helps companies through the sorting process to find the best of the qualified candidates.
Kenexa is one of the fastest growing companies on the NASDAQ. Revenue last quarter grew to $69 million, up from $60 million the quarter before. KNXA has one year revenue growth in the mid-double digits.
There is no doubt that companies are looking at employing more workers as a lot of companies are sitting on a tremendous amount of cash. If companies don't go after the talent, then their competitors will.
Kenexa has a strong web presence in its industry with Salary.com, which it purchased last year. Salary.com is a top 2,000 site in the US according to Alexa and its synergies with Kenexa are clear.
KNXA is just emerging from a low point in its short-term chart.
Track Economic Indicators such as the Unemployment Rate within our SpeculatingStocks Market Buzz page.
Comments:
