The current growth in the financial markets is quite scarce. About three quarters of the companies comprising the S & P 500 posted its financial results for the third quarter in which less than 90 reports showed an increase in sales last year and less than 70 showed an increase in sales and profits. In addition there is to know that not all growth is good. A company should unduly increasing amounts of capital to finance expansion, either through loans or by selling new shares to the public will inevitably increase the poor investor returns. Recently I looked the more than 1,500 large, medium and small USA to see which ones were those that had grown in sales over 10% over last year. I also looked for significant benefits in percentage equivalent to the amount of capital used to create them.
Less than two dozen companies made the cut, but many of them as Apple (AAPL) and Amazon (AMZN) increasing lot began to worry about its high price compared to their profits. Then I will present three companies that I consider good opportunities and very accessible. 1) Amsurg Headquartered in Nashville, Amsurg (AMSG) is currently being re-composing of the crisis to begin a long process of growth. The services offered are related to the endoscopy, screening procedures in areas of fiber optics that run through the digestive tract, etc. They have also ventured into the field of operation of laser eye surgery, repair of the knee and surgery. But now the Medicare reimbursement cuts are affecting the growth of the company. In its latest quarter, sales rose 11% and earnings per share by 13%, but sales in the surgery centers have long had no improvement.
However, the shares appear cheap at least 13 times compared with the profits. 2) First Cash Financial Pawnshops and the house loans go together like assault and battery. The first collects high finance charges on loans with high liquidity problems through their personal property as collateral, while the second does so with pay claim backed by a future paychecks. Both activities are profitable in both good times and bad, but American policymakers resent the second election which speaks well of the shares of First Cash Financial (FCFS). 16% of the company's sales come from pay day loans, while most of them are issued in Texas City, which is relatively friendly to the cause. Growth trends are truly outstanding in Mexico, where revenue rose 38% in the most recent quarter the company (ignoring changes in the exchange rate). Another interesting aspect of First Cash Financial is that its shares trade at 12 times earnings. 3) Ebixa Located in the city of Atlanta, Ebixa sells software for the insurance industry: subscribers exchanges, for claims processors and retailers soon. It is a relatively small company, with sales have not exceeded $ 100 million last year, but with a market value estimated at 600 million dollars. But business is highly profitable, with more than 40 cents on each sale processed in operating income last year. Shares of Ebixa representing 19 times earnings, which transforms them into faces like the S & P 500 at this time, but the estimates I saw on Ebixa talk about a 24% increase in profits for 2010.