Adus Stock: A ‘Maximum Boost’ Healthcare Hero

Read Time:2 Minute, 51 Second

My friend John’s mom was struggling.

At 89, she had just broken her hip and was suffering from dementia.

But she still wanted her independence.

This meant that John had to choose between transferring his mother to a nursing home or seeing a home health professional.

And many Americans face the same predicament.

This chart shows the revenue generated by the US home healthcare market

From 2020 to 2024, Statista expects market value will grow by nearly 18% to $100 billion.

This is a perfect match for the Power Stock, USA, modern home healthcare provider Addus HomeCare Corp. (Nasdaq: ADUS).

ADUS Stock Power Ratings in October 2022.

ADUS operates in 25 states.

John’s home state of Florida is on that list.

Addus HomeCare Receives Strong Growth Rating 95 out of 100 in our Stock Power Ratings system, and we expect it to outperform the broader market 3 times in the next 12 months.

Let’s take a closer look.

ADUS Stock: ‘Strongly Bullish’ Growth and Quality

As I delved into ADUS, I discovered two compelling things:

  • In the second quarter of 2022, ADUS totaled $236.9 million in revenue — increased by 8.7%. since a year ago.
  • The company just acquired Chicago-based Apple Home Healthcare Ltd., which serves 450 patients in 11 Illinois counties.

Increasing quarterly revenue is an important reason why ADUS earns a 94 on our growth factor.

Although the company is growing the most, I want to focus on quality.

ADUS’ net return is 4.9%. Its industry counterparts average negative 31.4%.

This suggests that ADUS is more profitable than its peers and more efficient in how it generates that profit.

ADUS’s return on assets, capital and investment is positive.

Its patient care industry coincides with median incomes that are in the red.

Stock is up over 30% in the last 12 months!

This bested the patient care industry, which fell 26.4%.

ADUS is trading just below its 52-week high and is showing the “maximum momentum” we like to see in stocks.

Addus HomeCare Corp. stock ratings 95 overall in our proprietary inventory power rating system.

That means we’re “strongly bullish” and expect it to beat the broader market at least three times during the next 12 months.

Caring for our elderly loved ones is of paramount importance.

We want to make sure they get the best care, but feel comfortable in their environment.

As did John’s mother — who, by the way, chose home health care.

With extensive nationwide coverage, ADUS is the ideal home health care stock for your portfolio.

Stay tuned: EV stocks to avoid

Remember: we publish Stock Power Daily five days a week to give you access to the leading companies that identify our own stock power rankings!

Stay tuned for the next issue, where I’ll share all the details about electric vehicle (EV) stocks, which are among the most undervalued stocks in our system.

safe trade,

Matt Clark, CMSA®
Research Analyst, Money and Markets

PS Love Stock Power Daily? Don’t forget to check The Stock Power Podcastwhere I take a deep dive into one of our “strong bull” powerhouse stocks and tell you why you should consider it in your portfolio.

Best of all? This is a separate promotion from the ones I share five days a week Stock Power Daily!

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