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16 handpicked stocks

Workforce Optimization In A Slowdown

Recent data indicates a significant slowdown in U.S. job growth, falling short of expectations and signaling potential economic headwinds. This could create opportunities for companies that help businesses optimize their workforce and improve productivity in an uncertain environment.

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Author avatar

Han Tan | Market Analyst

Updated today | Published at Aug 3

Top Picks from This Group

Here are a few of the assets in this group. Create an account to unlock the full list.

ADP

Automatic Data Processing, Inc.

ADP

Current price

$302.26

PAYX

Paychex, Inc.

PAYX

Current price

$139.43

WDAY

Workday, Inc.

WDAY

Current price

$225.12

About This Group of Stocks

1

Our Expert Thinking

With U.S. job growth falling well below expectations and unemployment rising to 4.2%, businesses are becoming more cautious about hiring. This creates opportunities for companies that help organisations optimise their workforce, manage costs, and improve productivity without committing to permanent staff. These firms provide essential services during economic uncertainty.

2

What You Need to Know

This group focuses on companies offering human capital management software, payroll processing, temporary staffing, and outsourced business services. These solutions become increasingly valuable when businesses need to do more with less and maintain flexibility in their workforce planning during economic slowdowns.

3

Why These Stocks

These companies were handpicked by professional analysts based on their potential to benefit from increased demand for workforce efficiency solutions. As economic conditions tighten and businesses pivot towards operational optimisation, these firms are positioned to see growing demand for their services.

12 Month Growth Potential

Use the growth calculator to see how much investing in these assets could return over one year.

If you invested across these assets:

in 12 months it could be worth:

$1,000.00

+53.37%

Group Performance Snapshot

53.37%

Average 12 Month Profit

On average, analysts expect assets in this group to grow 53.37% over the next year.

10 of 16

Stocks Rated Buy by Analysts

10 of 16 assets in this group are rated Buy by professional analysts.

Source: Analyst sentiment is provided by Refinitiv Ltd, a global leader in financial market data with over 40k business clients. Refinitiv Ltd is an independent third party to Nemo. This is not advice.

Why You'll Want to Watch These Stocks

📊

Economic Shift Opportunity

With job growth slowing dramatically and unemployment rising, businesses are rethinking their hiring strategies. Companies that help optimise workforces could see increased demand as firms seek efficiency over expansion.

🎯

Recession-Resistant Services

These companies provide essential services that become even more valuable during economic uncertainty. When budgets tighten, businesses turn to outsourcing, automation, and flexible staffing solutions to maintain operations.

Productivity Revolution

As companies face pressure to do more with less, demand for workforce management software, payroll efficiency, and temporary staffing solutions could surge. These stocks are positioned at the centre of this productivity shift.

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