Why Adept Shares Skyrocketed
Sep 10th 2013 6:28PM
Updated Sep 10th 2013 6:30PM
In this video, Motley Fool industrials analyst Blake Bos takes a close look at Adept Technology , a robotics company that destroyed analysts' earnings estimates and has rocketed by 50% over the past five days. Blake tells investors what a poor performer this stock has been since the mid-'90s, but highlights the company's new management, expansion of worldwide sales, its recent restructure, and its zero debt and access to an untapped credit line of $8 million, all of which suggest that the company has turned a corner. Blake then gives investors what he'll be looking for with Adept.
The best investing approach is to choose great companies and stick with them for the long term. The Motley Fool's free report "3 Stocks That Will Help You Retire Rich" names stocks that could help you build long-term wealth and retire well, along with some winning wealth-building strategies that every investor should be aware of. Click here now to keep reading.
The article Why Adept Shares Skyrocketed originally appeared on Fool.com.Blake Bos and The Motley Fool have no position in any of the stocks mentioned. Try any of our Foolish newsletter services free for 30 days. We Fools don't all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
Copyright © 1995 - 2013 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy.