PLMD has at least a couple of good things about it. It apparently has a good history of showing high profit margins, and I see a generally improving ROE - a figure now up to 22%, according to Yahoo. They are proud of their strong cash flow, and mention in their latest quarterly the benefits of that good cash flow - "infrastructure improvements, increased liquidity" and increased dividend.
If it's lawsuits against management that have dropped the price of the stock, eventually they might be resolved satisfactorily I'd guess; meanwhile I'd expect the company to continue its good sales and earnings performance.
Given PLMD's good margins, good ROE, low d/e and a relatively low p/e (p/e is under 12, and in many past years it's averaged higher), I'd say the stock could be a buy at this point for patient investors who maintain a diversified portfolio.
Of course that's just MY opinion based on a quick look. (And I'm wrong many, many times.) May I ask what attracted YOU to buy PLMD?
Paul Senior
Welcome to the thread, Sepster. |
