+ Watch ADUS
on My Watchlist
Low P/FCF and recent promotion to Rank 1 at zacks.com.
Addus has positioned itself, strategically, to profit from the inevitable movement of Medicare & Medicaid eligible seniors from the fee for service health care delivery system to a managed care delivery system. This major trend in the delivery of health care has been agonizingly slow, to date; however, the move is beginning to accelerate as the Federal Government (which funds 50% of each state's medicaid system) and state governments have begun to realize that the fee for service system will implode, financially, within the next 10 years. Addus has provided cost effective social services to this population for more than 30 years. Addus is one of the few providers with this experience that also has a relatively large footprint, with services provided in more than 20 states.
this seems to be largely dependent on Chicago paying regularly. That is my only concern. Everything else is five star.
I think that Addus Home Care will out preform the market by a lot because of the retiring and dieing baby boomers that have money to spend but don't want to be in a nursing home or a hospital. They will want home care because i it more convienent for them as well as it being more affordable for them. This will result in revenues increasing and that will result in a bigger divedend. All of this being told I think that this stock will soar past expectations and be a trader's basic stock to have in 1 to 2 years.
buy on dip 8.24.13
This could be a great play to profit from the increasing numbers of baby boomers entering their golden years. Addus Home Care makes money with adult daycare, nursing the elderly and chronically ill/disabled. It is a solid value play with good earnings. The chart looks solid too.
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