January 28, 2009

Looking at Kinetic Concepts

The Fool has an article on Kinetic Concepts, a stock that they own shares of, but according to their disclaimer have not recommended it to any of their premier subscriber services such as Hidden Gems or Rule Breakers.

The author of the article notes that getting out of debt will be the key to grow earnings for the company. The debt incurred by acquiring LifeCell reduced net earnings for the year by $92 million.

The board has also authorized a share repurchase into the third quarter of 2009. Insiders have also been buying shares beginning in October through November.

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