NIC, Inc. (NASDAQ:EGOV)

Uptrend withold

Government Just keeps getting bigger and more complex

Strong return on assets at 19%. Earnings growth yoy is impressive

Government outsourcing will continue. Zero debt. Insider ownership. Good track record. 20-40% yoy growth. I'm in.

Leaders in the e-commerce of governmental institutions.

Strong Fundamentals, Recent pull back to strong support levels.

The leader in hosting Government websites

The local govts are just getting on to the internet service bandwagon....this company is very well positioned to capitalise on this!

Huge potential under O'Bama admin, little to no debt and effective, smart management make this a substantial part of my personal portfolio.

A lot of members on the scorecard picked this stock to outperform at 6 to 7 dollars and have done well with it. So at $5.37 its a bargain, plus I believe that eGovernment is a growing market and an overall good idea. If electronic health records can greatly improve efficiency in health care what could a company like this do to improve our govts?

Plenty of growth potential given the upcoming government spending spree.

Small company with potential

No matter what color the state is, chances are it will want to tighten up the financial purse strings in the future. Part of this will involve increasing internet-based documentation and services. These guys will be there every step of the way.

They seam to be the only provider of government portals with a profit-sharing billing method. As the internet continues to proliferate, once crowded, inefficient bureaucracies will be a thing of the past. Yes, other companies are in the same business, but EGOV is really lining up the contracts and renewals.

I think we could see a small price correction from the current level above $8, but the long-term trend is up.

NIC provides internet portals for state and local governments in the US. Their ratios compare favorably with other companies in the internet content industry. For example, NIC's p/e is 38 vs industry average of 70. Earnings growth expectation for the forseeable future is about 12% vs industry average of -0.12%. So, by comparison to their industry, they are well positioned for the intermediate future. Here's the problem: This Industry Stinks. Stinky expectations in a stinky industry still look (almost) ok.

I tend to always go back to the old Fool Ratio: PEG. It asks how much are you willing to pay for future growth? A PEG of less than 1 is considered a value company. This company has a PEG of somewhere around 3. I don't want to own this industry and this company is no exception.

This company came to my attention from a CAPS screener. I chose five star small cap companies with significant insider ownership and unanimous all-star outperforms. See my blog on my CAPS page for other companies from this screener.

Tell me when the government is going to give up using the internet. Everything is going the way of the internet...so everything will go through the roof for this company. Look for $8.00+ by the end of the month.

Increasing exposure, increasing customer base

Guts tell me to go with it

This one is gonna continue its rebound-- I can feel it in me bones---