Bull of the Day: Monster Worldwide (MWW)
by Zacks Equity ResearchDecember 03, 2012 | Comments : 0 Recommended this article: (0)
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The restructuring actions include the sale of the ChinaHR business and curtailing losses in developing markets. On the other hand, Monster is currently reviewing strategic alternatives to maximize shareholder value, which includes the possible divestiture of the company.
We believe the shares have already hit an all-time low and a gradual recovery hereafter is on the cards. Thus, we maintain our Outperform recommendation on the stock.
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