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Why Adept Shares Skyrocketed

By Blake Bos - Sep 10, 2013 at 6:28PM

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What's going on with this robotics company's amazing skyward climb?

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.

Blake Bos and The Motley Fool have no position in any of the stocks mentioned. Try any of our Foolish newsletter services free for 30 days. We Fools don't all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.

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