Wednesday, July 20, 2005

Stock Pick Update: Cerner Earnings 7/21

One of my better stock picks reports tomorrow. Cerner (CERN) will report after the bell. Look for earnings of $0.49 with $268 million in revenue. The $0.49 mean estimate is 29% higher YOY. If Cerner has a blowout quarter, I wouldn't be surprised if it hits $75, especially if 42% of the float is short. Cerner has beat estimates by a penny for the last five quarters (as far back as I can tell).

Note: I am long Cerner.


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