PBSV is one of my favorites which I think is poised for significant appreciation. 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 6 quarters of sequential growth in both revenue and earnings!
2. In the most recent quarter they made $0.067/share. Using their normal tax rate going forward, however, it would have been $0.044.
I expect them to continue to grow but even if earnings stayed flat they would make $0.18/share in the next 4 quarters. At $0.70/share they are quite cheap!
3. PBSV has a very strong balance sheet with a book value of $0.36/share and cash of $0.18/share.
4. They have a number of growth initiatives underway including branching out into IT services.
Mike
SwingTrade is my favorite board - #board-1781
Due diligence on my favorite stocks is located on the sticky note on the SwingTrade board.
