Dice Holdings: Significant Upside If Unemployment Improves

Our Boston presenter is adding to his position in Dice Holdings (NYSE: DHX, $5.88). The NY-based provider of online recruiting and career development services exceeded the consensus estimates in Q3. Operating results will continue to lag a turn in unempoyment. We've seen a bottoming in demand for the company's services, but no pick up yet, according to the presenter. DHX just did a small acquisition in healthcare, which expanded the company's addressable market from its two core businesses targeting finance and tech professionals. The presenter believes that if and when the economy starts picking up in earnest, the stock will reach low $10's. DHX was presented at $4.00 end of July.