Air Methods (AIRM): Emergency services by air

Filed under: Newsletters, Stocks to Buy

Air Methods (NASDAQ: AIRM), which provides aeromedical emergency services and systems throughout the U.S., is a recent buy from technician Leo Fasciocco.

In his The Ticker Tape Digest, which focuses exclusively on stocks breaking out of basing patterns, he suggests, "AIRM is a turnaround stock that is acting strong now; with strong profits coming this year, we see good prospects for a breakout to the upside."

"AIRM, with annual revenues of $500 million, operates a fleet of aircraft, consisting of helicopters and airplanes. It serves hospitals in 26 states under contracts ranging from one to 10 years.

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Air Methods (AIRM): Emergency services by air originally appeared on BloggingStocks on Wed, 24 Jun 2009 12:00:00 EST. Please see our terms for use of feeds.

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