Monday, September 12, 2011

Trade Ideas - $MAKO, $AXP

MAKO - Mako Surgical, they make a robotic arm used in knee replacement surgeries. The technique drastically recovery time. They have 2 primary revenue streams: The machinery itself and components that have to be replaced after each surgery. This double income stream is analogous to desktop printers (you to buy the printer and eventually need proprietary ink parts replaced)

This company just started turning a profit and approximately 581,000 knee replacements are performed each year in the United States. This could be a good growth stock.

AXP - American Express, at a good buy point, showing a bullish piercing reversal candle.

No comments:

Post a Comment