Exactech, Inc. (NASDAQ:EXAC)
The Company designs, manufactures, markets and distributes orthopaedic implant devices including knee, hip, shoulder and ankle joint replacement systems, bone allograft materials, surgical instrumentation, and bone cement and accessories.
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A company which would be a great buy for MAKO Surgical if they decide to buy out a company which produces implants for them. There appears to be a growing need for their implants due to great companies like MAKO having great sucess in the industry in which this company operates in.
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Profitable, cash positive, small-cap in a monster market. Someone will buy them, but I hope they don't.
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stock of the day
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It has great potential because it is one of the Company that is doing well in a recession. Surely, once the economy improves, it will outperform not only the S&P but other indexes.
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Low relative PE, good star ranking, PEG & 09 PE still below normal - bottom fishing 7/27 picks (late getting them in this week).
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Baby Boomers . . I work in PT and there is no shortage of these sorts of surgeries. There is also no end to the innovation in which joints can be replaced and how those components are made.
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POST BY RBBARN7EXCITECOM
MY BEST PICK
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Recent quarterly earnings have fallen much less than the price of the stock. Aside from potential regulation, I'm bullish on orthopaedics for the mid-term but I'd be a lot more comfortable with this pick if there were insiders buying.
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Planning for my future in more than one way...
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Turning grey to green. Gotta love that.
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Institutional investors are driving up volume; quarterlies, eps, good; new technology, known by surgeons as "leader"; demand for product will grow with aging population; earmarks of a healthy stock opportunity.
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Another play on the graying of America. It makes artificial knees, etc. Also involved with innovative substances that stimulate cartilage growth. Might be "cure" for arthritis. PE is 33, sales growing rapidly.
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Solid growth!
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I'm down on my knees for this stock.....as the boomers age and need more body parts.....
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Has had a great 12 months --time to consolidate
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With the babyboomers becoming retirees and they being one of the fasters growing portions of the population, it only stands to reason that this companies products will be in high demand.
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it remained strong during a period of downturns
& disasters because it's product is oriented toward the future of business.
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Boomers are getting older. Demand for Exactech products grows at a steady rate as Boomers age.
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