PSS World Medical, Inc.
I am a very enthusiastic reader of Ken Fisher’s Portfolio Strategy column. Fisher's investment strategy focuses on knowing information that other market participants do not know, while prioritizing his analysis first with the macro level, then countries and sectors, and then in the end individual stock selection. In his recent blog, he wrote something that caught my attention. Here is an excerpt:
“Last Feb. 27 I purposefully and more »
In late October, diversified healthcare distributor McKesson Corporation (NYSE: MCK) announced its intention to purchase Jacksonville, Florida-based medical components manufacturer PSS World Medical (NASDAQ: PSSI). The all-cash deal has been valued at more than $1 billion and would create a company with $125 billion in annual revenues. At this point, the deal appears likely to go through in its current form. If no last-minute legal actions or shareholder revolts serve more »
It may be unfortunate, but an aging population means a sicker one. No matter how far the boundaries of human life expectancy are pushed, the final years of life tend to be ones of more disease. Also, it seems to be easier to keep people alive longer, but not healthier. So increasing life expectancies mean that people stay sicker longer. It seems really depressing, but it is not that bad more »
We have identified five stocks that had absolutely fantastic days last Thursday. Assuming the funds we track have not changed their holdings since the end of June, there were key funds that made big money on these price gains. The first company on our list is LogMeIn (NASDAQ: LOGM). The company was up 17% on Thursday—$3.40—posting earnings that came in at $0.18, compared to $0.16 more »