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Why Heska Could Double In 2014

Why HSKA Could Double in 2014


Heska (NASDAQ:HSKA) distributes veterinarian capital equipment and consumables to both distributors (MWI Veterinary Supply, Inc. (NASDAQ:MWIV), Patterson Companies Inc. (NASDAQ:PDCO), IDEXX Laboratories, Inc. (NASDAQ:IDXX)) and independent veterinary practices. The company has had a choppy and inconsistent history, booking net cumulative negative cash flow since inception in 1988 and a cumulative net loss of $24 million on a tax-adjusted basis since 2001. While HSKA does not have a stellar history, I believe the stock is on the cusp of breaking out to the $12 - $14 range, or a near double from today's price. Valuation is cheap, and profitability is poised to go much higher. Growth...

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