Managing Editor’s Note: Mike Carr has another chart below that you need to see. He’s tracking the chances of a recession, and credit card activity is waving a huge red flag. Check out Mike’s bite-sized analysis below. — Chad Stone
- During the holiday shopping season, customer service is paramount for business.
- Good service is expensive, so more companies are outsourcing.
- Today’s Power Stock is a leader in business process outsourcing, and it rates a 97 on our proprietary system.
| My wife is a retail store manager for a large corporation.
Now that we’re in the midst of the holiday shopping season, she tells me sales are important, but something else is just as key: customer service.
The problem is that hosting in-house customer service teams is expensive.
That’s why companies choose to have a third-party handle their customer relations using a strategy called business process outsourcing (BPO).
It’s a rapidly expanding market: 
(Click here to view larger image.) Precedence Research forecasts the size of the BPO market will hit $576.9 billion by 2030. That’s almost double where it stands today!
That’s fantastic news for today’s Power Stock — a leader in the BPO space.
Click here or on the image below to find out more. 
 | Billionaires are taking advantage of market turmoil by investing heavily into my favorite “fear-to-fortune” stock. It’s a secret used by investors like Warren Buffett, David Tepper and Sir John Templeton to become filthy rich.
How it works is simple… |
Credit Card Stress Is Rising Last week, I showed you how credit card debt data is signaling a recession, and I have another quick chart to show you today.
Tapped out consumers are using credit cards more and more.
Check out the chart below. As balances increase, 25.9% of accountholders with credit scores below 680 (considered “fair”) asked for a credit limit increase in the past year.
This could be a sign that consumers are running out of buying power. Since consumer spending accounts for about two-thirds of the economy, this chart shows the recession is getting closer and closer. 
(Click here to view larger image.)
Check Out Our Most Recent Power Stocks: |
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