Focus Stock of the Week


This week’s Focus Stock of the Week is Herman Miller Inc. (MLHR: $28.48), which carries S&P Capital IQ’s highest investment recommendation of 5-STARS, or Strong Buy. MLHR products are typically used in office, health/science and educational settings, and residential and other environments. Product categories in the fiscal year ending May 2014 were systems (30%), seating (35%), freestanding and storage (21%), and other (14%), consisting primarily of miscellaneous product sales and service revenues....
Industry Profile

Office Services & Supplies

Our fundamental outlook for the S&P Office Services & Supplies sub-industry for the next 12 months is neutral. We project gradual cyclical improvement in demand through 2014, as a slowly strengthening global economy and a need to replace aging equipment take firmer hold. On the other hand, we view the large enterprise, a key driver for large-scale office equipment, supplies and services, as remaining focused on cost savings....
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