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S&P 500: 1,340.35 Change: -0.84%
smokin_hot
P&P Score: 0.91 | Points: -154.32 | Accuracy: 68.06 | Average Pick Score: -9.19   Annual Return: N/A  
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Commentary
BUY: EBIX INC (EBIX) Rating: 4
Start Price: $17.89
Points: +3.68
Created: 11/17/2009
sustained revenue growth and earnings growth of 25% per annum.
undervalued based upon 12/09 projected earnings (should be close to $60/sh)
Great return on equity & assets
projected stock value > $72.50/sh within six months.
fills a rather expansive market niche (significant market growth upside)

2 Comment(s):

Author smokin_hot     Date 2010-01-05 08:54:26
Stock split on 01/05/10, on a 3:1 basis.
Still undervalued, where the new near-term target price is $20/sh within the next quarter and $24/sh by the end of 2010.
Author smokin_hot     Date 2010-08-10 01:13:27
Selling to get out now that I have in effect broken even with a stock that is only up 5% in nine months.
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