Pharma-Bio Serv Inc (PBSV)

[MikeDDKing]

PBSV is one of my favorites and I think is poised for significant growth. They provides technical compliance related consulting services to the pharmaceutical, biotechnology, medical device, and chemical manufacturing industries. Here are some reasons I like PBSV:

1. PBSV has had 5 quarters of sequential growth in both revenue and earnings! In the most recent quarter they made $0.021/share yet they last traded at only $0.40.

2. PBSV has a very strong balance sheet with a book value of $0.29/share and cash of $0.13/share.

3. PBSV is hiring rapidly. They had 95 employees as of the end of 2010 and have 37 open positions listed on their web site.
http://www.pharmabioserv.com/Careers/tabid/213/language/en-US/Default.aspx

4. They have a number of growth initiatives underway including branching out into IT services.