CPSI breaking out
Thursday, May 31, 2007
Computer Programs and Systems (CPSI) had a big day today, up 4.9% on about 58% more volume than usual. (I own this stock personally) Maybe the market is finally catching on - it's simply undervalued. Backlog up, expectations very low. Ballpark speaking, I figure it's worth something in the low 40's on about $2 earnings power (about 20-22x earnings). I get this because I figure it's got about 15% long term eps growth potential and at a PEG of 1.4, that's 21x.
Charts: Daily Version
Weekly:
Posted byrvb1977 at 2:10 PM
Labels: Investing
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