Although we don't believe in timing the market or panicking over market movements, we do like to keep an eye on big changes -- just in case they're material to our investing thesis.
What: Shares of health-care technology specialist MedAssets (Nasdaq: MDAS ) rallied more than 18% in early trading on more than double the average volume. The stock closed up 13%.
So what: A Deutsche Bank analyst interviewed by Bloomberg posits that investors are flocking to MedAssets as a safe alternative to peers that offer tech for electronic health records, including Cerner (Nasdaq: CERN ) , Quality Systems (Nasdaq: QSII ) , and Computer Programs & Systems (Nasdaq: CPSI ) .
Now what: All three lost to market this week after reporting disappointing earnings, according to Deutsche, leaving MedAssets as the lone bright spot. The company reports earnings next Thursday. Are you expecting a beat? Would you buy shares of MedAssets at current prices? Please weigh in using the comments box below.
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