Why Adept Shares Skyrocketed

In this video, Motley Fool industrials analyst Blake Bos takes a close look at Adept Technology (NASDAQ: ADEP  ) , a robotics company that destroyed analysts' earnings estimates and has rocketed by 50% over the past five days. Blake tells investors what a poor performer this stock has been since the mid-'90s, but highlights the company's new management, expansion of worldwide sales, its recent restructure, and its zero debt and access to an untapped credit line of $8 million, all of which suggest that the company has turned a corner. Blake then gives investors what he'll be looking for with Adept.

The best investing approach is to choose great companies and stick with them for the long term. The Motley Fool's free report "3 Stocks That Will Help You Retire Rich" names stocks that could help you build long-term wealth and retire well, along with some winning wealth-building strategies that every investor should be aware of. Click here now to keep reading.


Read/Post Comments (0) | Recommend This Article (3)

Comments from our Foolish Readers

Help us keep this a respectfully Foolish area! This is a place for our readers to discuss, debate, and learn more about the Foolish investing topic you read about above. Help us keep it clean and safe. If you believe a comment is abusive or otherwise violates our Fool's Rules, please report it via the Report this Comment Report this Comment icon found on every comment.

Be the first one to comment on this article.

DocumentId: 2631574, ~/Articles/ArticleHandler.aspx, 4/21/2014 3:45:01 AM

Report This Comment

Use this area to report a comment that you believe is in violation of the community guidelines. Our team will review the entry and take any appropriate action.

Sending report...


Advertisement