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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank -- Ignore unavailable to you. Want to Upgrade?


To: Jenna who wrote (15051)9/17/1998 10:07:00 PM
From: Arthur Radley  Read Replies (2) | Respond to of 120523
 
Jenna,
I would appreciate your thoughts on AORI. Here is a stock with a tangible book value of 8.00 plus and trading at only 9.50. PE of 16 with a consistent growth rate of 30%. Involved in a business that sadly is growth in direct portion to aging population.
I liked the volume yesterday and upward bias on the stock. Today was interesting in that in the last 15 minutes of trading, the volume tripled the earlier volume and closed with a small gain in what was a melt down(IMO) at the close for the DJIA. It appears to me that AORI is ready to bounce off its recent new 52 week low and act like the stock that most major brokerage houses says it should be and that is a buy.
Thanks for you opinion.