SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Trader J's Inner Circle
NVDA 182.35-0.6%Dec 5 9:30 AM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Trader J who wrote (3084)1/5/1999 2:48:00 AM
From: Coriolis   of 56535
 
All: S(HRC)

My firstgo at this and obviously I'm new at it.

Healthsouth Corp. is the nation's largest provider of outpatient surgical and inpatient rehabilitation services. They took a nosedive in late August when they took some hits on some managed care contracts, falling from near 30 to 7 1/2 dollars per share. They have made a steady recovery since, and especially in December, when MACD has been positive and stochastics have recently have been flirting with and recently crossed over the oversold line.

They made the news twice today. JP Morgan just picked them the best of the sector for 1999. They also purchased 8 nursing homes from Meditrust.

Overall looks like a reasonable long term pick for buying on any dips that might present themselves. Will keep an outlook for any rumours, etc, and will call IR tomorrow and report anything of substance.

today's price 16
52 wk high 30.8 low 7.6
PE ratio 14
mkt cap 6.4 million

Analysts: 5 buy and 7 strong buy recommendations

Will try to get more info on my other issue, IIVI for everyone tomorrow or the next day.

This is a learning experience for me, and if anyone has anything illuminating to add please feel free.

--Coriolis
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext