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 staffing services company Kforce (NASDAQ:KFRC) jumped 17% today after releasing earnings.

So what: Fourth-quarter revenue was up 12.3% from a year ago to $302.9 million, which was up 4.4% on a billing day basis. Adjusted net income was up 6.6% to $9.1 million, or $0.28 per share, in line with estimates.  

What excited investors is that guidance for the first quarter of 2014 is for $298 million-$304 million in revenue and earnings of $0.15-$0.18 per share. That was slightly ahead of estimates and enough to spark buying today.

Now what: The Tech Flex business continues to do well, but there's just not enough growth for me to get too excited with this earnings report. Results were largely in line with estimates and shares are already trading at 15 times 2015 estimates. That's a steep price for a company that's not growing revenue much sequentially, so I'll sit out the pop today.

What stock should you be looking at today?
While I'm not a buyer of Kforce today, The Motley Fool's chief investment officer has selected his No. 1 stock for 2014, and it's one of those stocks that could make you rich. You can find out which stock it is in the special free report "The Motley Fool's Top Stock for 2014." Just click here to access the report and find out the name of this under-the-radar company.

Travis Hoium has no position in any stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.

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