ELMD
I've been buying ELMD this past week. here is what I like.
1) Earned .042 in q1, and based on the pr I expect even better quarter to follow.
2) ELMD has really strong balance sheet, and currently trade under book value of about $1.75. Also has .46 a share in cash.
3) ELMD I believe can earn .20-.25 going foward, Hence I think it is rather cheap. This stock should trade at a 12-15 multiple in my opinion given it's sector, balance sheet, and growth prospects.
Conclusion: Time will tell but I think ELMD is a undervalued stock. But as I always say you never know with earnings. All is just my opinion, and I could always be wrong though.