No, but that management had a streak of very successful execution. The metrics are pretty good with PE well under 20 (around 15 for next 12 months), PS and PB still in the rational range, considering the rapid growth. They raised the guidance to sales increase of only 20%, but I have a gut feeling that the momentum in their lines is such that they probably beat their guidance. As long as they execute, the market will reward them. The current quarter is probably the weakest quarter in the year, so the stock may simply trade between $34 to $45 or so and that range is tradeable, later in the year, I think that a print just under $60 is quite possible. They got no debt and have gone through the absorption of the last acquisition. A great class act, so far.
Note that despite the fact that many indices are registeing new 52 weeks highs, no excessive bullishnes is to be seen in the sentiment indicators, so this rally should have more legs and the nassacre, for now is definitely defenestrated.
