Rochester Medical Corp
Rochester Medical Corp (ROCM) is a company that develops, manufactures, and markets a broad line of innovative, technologically enhanced latex-free urinary continence and urine drainage care products for the extended care and acute care markets.
This was a hot stock for many people over the last few months. As of recent it’s came down a lot, and has fell to an attractive price for buying. It’s not a good short term bet, but could do very well over the short term. I would recommend at least a 2 year time frame before investing in the stock. The below video is about a month old, and the price of Rochester Medical Corp is about 15 dollars a share right now. I do not currently own the stock, but it’s just came up on my radar and I’m watching it very closely. I would probably be willing to take a small position in this stock if it goes below the $15 level. Not a stock to invest the kid’s education money in.
If your looking for a great long term investment for the kids education. Give a strong consideration to a ETF (which is a stock built like a mutual fund). One ETF that I like very much is PowerShares High Growth Dividend (PHJ). The ojective of this ETF is to invest in only companies that pays dividends. Their top 10 holdings is a very impressive line of companies:
1. McDonald s Corp 4.26%
2. Bank of America Corp 4.08%
3. United Technologies Corp 4.07%
4. US Bancorp 4.06%
5. Wal-Mart Stores Inc 4.05%
6. American International Group Inc 4.04%
7. Pfizer Inc 3.99%
8. Wells Fargo & Co 3.94%
9. Citigroup Inc 3.91%
10. Medtronic Inc 3.83%
So a good short term to 2 year stock is Rochester Medical Corp (buy under $15). It is a high risk, so invest with only money you have to play with. Powershares High Growth Dividend (PHJ is the ticker symbol) and is an excellent long term stock and has a great long term future.
BREAKING DOWN ROCHESTER MEDICAL CORP
