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Enter Symbol:
 
Invacare Corporation (IVC) [hlAlert]

Rating:
Accumulate
IVC
down 24.54 %

Invacare Corporation (IVC) rated Accumulate with price target $30 by CL King

Posted on: Wednesday,  Jun 2, 2010  10:25 AM ET by CL King

CL King rated Accumulate Invacare Corporation (NYSE: IVC) on 06/02/2010, when the stock price was $23.26. Since
then, Invacare Corporation has lost 24.55% as of 01/20/2016's recent price of $17.55.
If you would have followed this CL King's recommendation on IVC, you would have lost 24.54% of your investment in 2058 days.

Invacare Corporation (Invacare) is a manufacturer and distributor of medical equipment used in the home. The Company designs, manufactures and distributes a line of health care products for the non-acute care environment, including the home health care, retail and extended care markets. Invacare sells its products principally to over 25,000 home health care and medical equipment providers, distributors and government locations in the United States, Australia, Canada, Europe, New Zealand and Asia. Invacare also distributes medical equipment and disposable medical supplies manufactured by others. In March 2008, Invacare Corporation acquired the assets of Naylor Medical Sales & Rentals, Inc. (Naylor) a Tennessee corporation specializing in rentals, and in October 2008, the Company purchased a billing company operating as Homecare Collection Services (HCS).

CL King research analysts "Discover the Uncovered." Our analysts seek out small- and mid-cap companies that may be ignored by other Wall Street research providers, identifying value and growth that may be unrecognized by institutional equity investors. Our goal is to generate superior absolute returns while minimizing downside risk.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
6/2/2010 10:25 AM Buy
None
23.26 30.00
as of 12/31/2010
1 Week down  -3.63 %
1 Month up  8.11 %
3 Months up  10.07 %
1 YTD up  25.45 %

(*) Stock Price at the time of the recommendation.
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