Strong move to upside
ahead of earnings. We bottomed out in my opinion and unless someone there had a massive brain fart or a stroke. They should beat estimates. Yes the cost of things have gone up and that effects contracts but new contracts will absorb a lot of the reduced earnings from decreased margins.
The stock is trading 47x trailing earnings. Unless hospital ICU get crowded we should see good growth. One sign is that the company has kept silent. My opinion is everyoen is busier that they were before which is a positive for revenue growth (a given) and hopefully better earnings than excepted by the street. We are a long was off $360 high but eventuall we should get back there with earnings growth. Good time to average down.