Zacks’ Voice of the People Highlights user AndrewGreenBull: “PDEX: Profitability Will Be Key to Success” from the People & Picks community.
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PDEX: Profitability Will Be Key to Success
People who are familiar with the healthcare sector might have found a different phenomenon in the New Year that investors start switching their focus on companies which have cutting edge products and long-term profitability, like Heska Corp. (HSKA) and Angiotech Pharma (ANPI).
HSKA has had more than 100% gains since last December and kept challenging $1 resistance in the past week. The stock price is still attractive at this level in view of its prospect; Although ANPI missed expectation for last quarter’s earning, it still has a 15% gain after my introduction. This reflected investors’ confidence on the company’s products and sales ability. I still will keep it on the top of my watch list.
Another stock which has similar situation to HSKA and ANPI is PDEX. If you make a comparison between PDEX and HSKA, you will find out that PDEX is a perfect replica of HSKA. If I have to tell a difference, then I think PDEX is undervalued more.
About Pro-Dex, Inc. (PDEX)
PDEX specializes in the development and manufacture of technology-based solutions that incorporate embedded motion control, miniature rotary drive systems, and fractional horsepower DC motors, serving the medical, dental, semiconductor, scientific research and aerospace markets.
The company’s products are used in hospitals, dental offices, medical engineering labs, scientific research facilities and high tech manufacturing operations around the world.
PDEX, like other small cap companies in the healthcare sector, was severely impacted in the worldwide economic crisis. The Market is gradually warming up, so are PDEX’s product sales. The odd thing is that its stock price didn’t rebound with the market. From the volumes in the last several months, we can tell that it is staying in a forgotten corner.
But I believe that PDEX’s stock price will catch up with the market soon, not only because that it is undervalued, but also because that some catalysts are coming near.
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