What do you think of Possis Medical? They do non surgerical heart procedures. Up big today (2.10). I'm thinking that they look like a pretty solid company. P/E = 30.05 EPS = .94 Profit Margin = 18% What do you guys think?
Looks like a solid company. With the facts you've given us, there is no way to tell that however. Profit Margin would be more favorable if it was > 20% but 18 is still good for a healthcare company. P/E looks good too! Good luck with it! I would wait for a dip to buy after a big day.
You think the P/E is ok? That's the only thing I wasn't 100% sure about....seemed a little high for my tastes. Anyway I gotta wait to buy until DGIT goes back up so I have some $$$
Two things: 1) I'm nervous about any company that has POS in it's name :) 2) High P/E's are usually a sign of a fast growing company. Is sales and earnings are up 25% in the last 3 years, I see no problem with P/Es of 30 or more. The forward P/E is much lower, given the growth rate. A real nice measure to check is PEG (Price to Earnings Growth) which is now displayed in the Yahoo Finance quotes. You want to be able to get the most earnings growth for the price and I think that one is a more important measure than P/E for growth stocks.