Quality Systems Inc. (QSII) Makes Room
Quality Systems still looks good, but I can do better. At current prices QSII does not deserve a position in my portfolio.
Calls sold on long position based on being fully valued. I sold in the money calls for a total price I’m happy to sell at. It’s a limit order with a high probability of executing and I keep the good down payment if it doesn’t.
The electronic medical records wave still looks solid and despite ardent proxy and boardroom wars, QSII appears to be performing, turning in solid results.
The recent wars with Mr. Hussein are a red flag.
Zero debt, good cash ($70M), good growth, last quarter profitability slightly hidden due to proxy costs and litigation. I’m definitely selling into strength as QSII continues to perform strongly and the share price reacts positively to news.
TMF1000 Page 7 Stock Advisor subscription required.
One example of a pig better deserving a place at my trough is ISRG. Better moat, less competition, more respected management, higher growth, more cash, takeover potential and juicier margins. Investors are currently scared of slowing growth due to hospital budget constraints. Considerably slowing growth appears priced in; however, ISRG remains a falling knife reacting poorly to news. I’ll continue to closely watch this falling glamour stock of the medical device and growth investing worlds.
Related posts:
Leave your response!