Cross Country Healthcare Inc. (CCRN)
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Cross Country Healthcare Might Be Just What the Doctor Ordered [view article]
I own AMN Healthcare [NYSE:AHS] also.Both appear very cheap and with substantial upside. Reply
L. Johnson
Cross Country Healthcare Might Be Just What the Doctor Ordered [view article]
Morningstar.com gives the stock three stars, which means it's close to M*'s fair value estimate of $14. It says consider buying the stock at $10.50 and selling at $18. The firm says: "Still, Cross Country is starting from behind. Close competitor AMN Healthcare AHS has been enjoying a cyclical upswing for two years because of better recruiting and a more focused strategy. To stem the flow of nurses to competitors, Cross Country may have to increase marketing expenses and pay rates for temps. Although this will weigh on short-term results, we believe these costs are necessary to strengthen Cross Country's recruiting abilities."While the daily chart says sell, the weekly says buy and the bullish point and figure chart objective is $18.50 with the stock at $12.20.
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General Discussion on CCRN
Is this a buy or a sell? Reply