Although we don't believe in timing the market or panicking over market movements, we do like to keep an eye on big changes -- just in case they're material to our investing thesis.
What: Shares of HR software provider Kenexa
So what: Longbow analyst Steve Koening expressed concerns that weak economic growth will put a lid on hiring and thereby any gains in Kenexa’s share price, Barron’s reports. Fools have equally mixed feelings, giving the stock three out of five stars in Motley Fool CAPS.
Now what: I can appreciate Longbow’s skepticism. Not only are macroeconomic conditions uncertain, the market for human resources software is crowded with online alternatives such as SuccessFactors
Interested in more info on Kenexa? Add it to your watchlist.