IPCM will go UP
$31.00 on 4/30/09
$31.86 (44.03% from time of market call)
I think the health care sector is a fairly safe investment. Whether the market goes up or down, when people get old they need to be taken care of. The approximately 76 million Americans born between 1945 and 1964 are going to provide the growth in this sector that I think this company benefit handsomely from.
IPCM provides hospital services in the United States. This company provides services organized around inpatient care, primarily delivered in hospitals, and is focused on providing, managing and coordinating the care of hospitalized patients.
Their fourth quarter 2007 net revenue increased 31% year-over-year to $52.6 million. Their income from operations rose 207% year-over-year to $4.1 million, as the operating margin increased to 8%. Their net income increased 94% year-over-year to $2.8 million.
GROWTH!
Their EPS Growth (MRQ) is 254.92% compared to the industry average of 26.17% and was able to grow its revenues by 28.29% over the past 12 months.
Short term maybe the stock will reach $20 range, but long term I think this is a good growth company.