Baby Boom an Investor Boon?
Millions of Americans, commonly identified by their number and
youth, are now facing the challenges of age. Yes, the "baby
boomers" are far from the babies they once were, and their needs
are having an economic impact on the health care industry.
Specifically, the Outpatient and Home Care Industry is seeing
revitalization as many seniors seek solutions which help with the
challenges they face. Gaining 68 positions last week, this
sector of 16 companies now sits at a Zack's Industry Rank of #39
out of 260 industries. These businesses have recently seen
33 positive earnings estimate revisions compared to 13 negative
revisions, averaging a positive Earnings per Share (EPS) surprise
Adding to the sheer volume of elderly is the rising age to
which the population is living. With life expectancy
topping 80 years and climbing, the amount of time individuals may
be in need of these services is also a factor in the sector's
Both of the following service providers have been upgraded
this week to a Zacks Rank #1 (Strong Buy). An upgrade in rank
from a Buy or Hold to a Strong Buy demonstrates that a given
stock may be gaining value following future positive earnings
estimate revisions. By combining specific stock performance
with perspective related to the industry as a whole, these
movements may provide investors with additional insight into
their portfolio. Each of these stocks also hold a long-term
Zacks "Outperform" rating.
And these companies know, taking care of others means taking
care of business.
Addus Home Care
ADDUS was upgraded to a Zacks Rank #1 (Strong Buy) last week
from #2 (Buy). Its next expected earnings report is on
November 7, 2013.
Addus Home Care is a comprehensive provider of a broad range of
social and medical services in the home. The company's services
include personal care and assistance with activities of daily
living, skilled nursing and rehabilitative therapies, and adult
day care. Its consumers are individuals with special needs who
are at risk of hospitalization or institutionalization, such as
the elderly, chronically ill and disabled. Adding to its
outlook are existing relationships with federal, state and local
governmental agencies, the Veterans Health Administration,
commercial insurers and private individuals.
ADUS's most recent quarterly earnings surprise was +15%.
LCAV is a Zacks Rank #1 (Strong Buy). It moved up from a
Zacks Rank #2 (Buy) just last week. This company reports
quarterly earnings on October 29, 2013.
LCA-Vision Inc., a leading provider of laser vision correction
services, owns and operates 58 LasikPlus vision centers in the
United States. While declines in annual procedures numbers
are important to watch, cost cutting measures and increases in
efficiency have increased profits per procedure, boosting
LCAV's most recent earnings surprise was strong +118%.
ADDUS HOMECARE (ADUS): Free Stock Analysis
LCA-VISION INC (LCAV): Free Stock Analysis
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