At first blush, Invacare Corporation (NYSE:IVC) ("Invacare" or "the Company") looks as if it may be one of the better bargains to be had on the stock market. Its current price is in the mid to lower teens and it has a market cap of just under $500 million, yet it has a substantial global presence, with a book value of more than $20.00 per share - giving it a price-to-book ratio in the neighborhood of 0.80. Reuters considers it a "buy," and it is given a target price of $20.00.
Why the optimism? Invacare is in the Healthcare sector, and is in the Medical Equipment and Devices industry; they specialize in products for in-home care and...
|FREE||SA PRO MEMBERS|
|IDEA GENERATOR||X||Exclusive access to 10 PRO ideas every day|
|INVESTING IDEAS LIBRARY||X||Exclusive access to PRO library of more than 15,000 ideas|
|SECTOR EXPERT NETWORK||X||Exclusive access to all sector experts for direct consultation|
|PERFORMANCE TRACKING||X||Track performance of all PRO stock ideas|
|PROFESSIONAL TOOLS||X||Professional Idea Filters to zero-in based on industry, market cap and more|