Small-cap stock #1: Almost Family (AFAM) - Louis Navellier

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Small-cap stock #1: Almost Family (AFAM)
May 16, 2009 04:00 PM UTC

Louis Navellier

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Symbol	Sentiment	Start	Return	Closed
AFAM		05/16/09	+29.23%	--

Via BloggingStocks:

Filed under: Stocks to Buy, Best Stocks for 2009

Small-cap stock #1: Almost Family (AFAM) Almost Family (NASDAQ: AFAM) is in the home health nursing service business and offers senior citizens in nine states an alternative to spending their days in nursing homes. As the aging Baby Boomer generation looks to keep a level of independence without sacrificing their level of care, Almost Family is a perfect fit.

Almost Family has been buying up local providers to grow its share of the highly fragmented market and increase its margins. Clearly, this strategy is working, as the company's earnings rose 55% to 68 cents per share, compared with 44 cents per share in the first quarter of 2008. What's more, AFAM's revenue increased by a whopping 77% to $69.2 million from $39 million. Analysts on average were expecting earnings of 60 cents per share on revenue of 63 million, so Almost Family posted a 13.3% earnings surprise and a 9.8% sales surprise.

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Small-cap stock #1: Almost Family (AFAM) originally appeared on BloggingStocks on Sat, 16 May 2009 11:00:00 EST. Please see our terms for use of feeds.

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