Catamaran Corporation (NASDAQ:CTRX)
CAPS Rating:
The Company provides healthcare information technology solutions and pharmacy benefit management services to the pharmaceutical supply chain in the US and Canada.
The Company provides healthcare information technology solutions and pharmacy benefit management services to the pharmaceutical supply chain in the US and Canada.
Recs
With the recent market moodiness, I was poking around the screener, taking a look at companies with a high cash/share value. The idea was to find high-growth, low-debt, high-performing companies that are well insulated from a double-dip recession, or could use their excess cash for either stock repurchases, or acquisitions, should the recession drag on, or turn worse (double-dip, or full-blown depression). The screen I used was:
Cash Per Share: $8.00+
Rev. Growth Rate (last 3 Yrs): 20.00+
EPS Growth Rate (last 3 Yrs): 8.00+
Current Ratio: 2.00+
Interestingly, I got a lot of past Rule Breaker picks in the list, and a few new ones I've never come across, including this one. Summary: this company is well insulated against risk, and has a solid, three-year track record.