Kelly Services (KELYA) Struggles in Q2 Despite Potential in AI Stocks

Palm Valley Capital Fund released its second quarter 2025 investor letter, showing a 0.82% appreciation. Cash was 76.7% of Fund assets at the start and 73.6% at the end of the quarter. Year-to-date, the fund gained 1.39%. Top holdings include Kelly Services, Inc. (NASDAQ: KELYA) with a one-month return of 1.71%.

Kelly Services, Inc. (NASDAQ: KELYA) reported a one-month return of 1.71% and shares lost 38.62% over the last 52 weeks. The stock closed at $12.49 per share on July 7, 2025, with a market capitalization of $438.434 million. Palm Valley Capital Fund highlighted Kelly Services, Inc. (NASDAQ: KELYA) as one of its holdings.

Palm Valley Capital Fund’s investor letter mentioned Kelly Services, Inc. (NASDAQ: KELYA) as a top holding, outperforming the staffing industry. The company reported slight organic revenue growth in Q1 but announced restructuring charges for 2025. Kelly’s stock trades at a deep discount to its tangible book value of $19.40 per share.

Kelly Services, Inc. (NASDAQ: KELYA) is not among the 30 Most Popular Stocks Among Hedge Funds. 22 hedge fund portfolios held the stock at the end of the first quarter, with revenue of $1.16 billion in Q1 2025, an 11.5% increase from the previous year. The potential lies in AI stocks for higher returns.

Read more at Yahoo Finance: Here’s Why Kelly Services (KELYA) Traded Down in Q2