A.D.A.M. Inc. (ADAM) Fulfills a Durable Business Need
Intrigue will first draw you to this stock. The price is very close to the 52-week low of $5.80 as August 2008 draws to a close. The Price to Earnings Ratio is at 15.68, with a Beta of 1.10. 39% of the stock is with institutions, and there are less than 10 million shares outstanding. What should one do? You can hardly turn away, for the business evolution appears to be on course. The company started by disseminating information on health issues. However, it showed amazing agility in moving sideways into providing employers with benefit solutions. Suddenly, a pattern emerged…