AMN: Undervalued!!

Shares went down 31.30 yesterday because AMN's earnings of $9.7 million, or $1.07 per share, was below Wall Street's prediction of $11.8 million, or $1.30 per share. HOWEVER, Earnings still had a jump of 14.1%, even though they didn't reach Wall Street's prediction. ALSO, AMN reported a 24.4% gain in sales compared to the same quarter last year. Sales for this quarter were $149.8 million, clearly above Wall Street's prediction of $138.7 million. I feel that you should buy this stock as soon as possible tomorrow while it is still low, because it will bounce back very soon!! Just look at some of the numbers, and you will see that this is a healthy company: *P/S ratio of 1.78 *P/E ratio of 18.3 with a forward P/E of 17.2 *E/Share of 7.39 *D/E ratio of 0.17 *The Net Profit Margin has grown each year over the past 10 years *A high institutional ownership of 80.10% *Finally, Quarter over quarter 14.1% earnings growth and 24.4% sales growth I think people just overreacted to the slight bad news that its earnings weren't as high as predicted. BUY!! Target Price: $110.00