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$5.45 0.22 (4.31%)
10/10/2008 4:00 PM

Stewart Enterprises, Inc. (STEI)

CAPS Rating:
****

Through subsidiaries, provides a complete range of funeral merchandise and services, along with cemetery property, merchandise and services, both at the time of need and on a preneed basis.

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Avatar kenwen2008 (25.11) Submitted: 6/22/08 11:43 AM : Outperform Start Price: $7.24 STEI Score: 31.23

As the baby-boomers begin to approach "nursing home age", we should be seeing quite a bit of estate planning, including planning for medicaid eligibility. Pre-need funeral arrangements are a great way to reduce countable assets for medicaid eligibility, which leaves this company in a strong position for the long term. Look for this industry to consistently grow and do well for years to come.

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