Top Healthcare Equipment Companies To Invest In Right Now: ADDvantage Technologies Group Inc.(AEY)
ADDvantage Technologies Group, Inc., through its subsidiaries, distributes and services a range of electronics and hardware products for the cable television industry. The company provides new, surplus-new, and refurbished products in various brands, including Cisco, Motorola and Arris Solutions for use in connection with video, telephone and internet data signals. It offers headend products, including digital and analog satellite receivers, integrated receiver/decoders, demodulators, modulators, antennas and antenna mounts, amplifiers, equalizers, and processors for signal acquisition, processing, and manipulation for further transmission; fiber products comprising optical transmitters, fiber-optic cable, receivers, couplers, splitters, and compatible accessories for transmitting the output of cable system headend to virus locations using fiber-optic cables; and access and transport products, such as transmitters, receivers, line extenders, broadband amplifiers, direction al taps and splitters for use in permiting signals to travel from the headend to their destination in a home, apartment, hotel room, office or other terminal location. The company also provides customer premise equipment consisting of digital converter boxes and modems to receive, record, and transmit video, data, and telephony signals; and hardware equipment, such as test equipment, connector, and cable products. In addition, it offers Fujitsu Frontech North America encoders, decoders, and other media solutions products primarily for use in the broadcast industry. The company markets and sells its products to franchise and private MSOs, telephone companies, system contractors, and other resellers primarily in the United States, Canada, Central America, Mexico, and rest of South America. ADDvantage Technologies Group, Inc.was founded in 1989 and is based in Broken Arrow, Oklahoma.
Advisors' Opinion:- ! [By Geoff Gannon] through some changes now due to a new (adverse) agreement with Cisco (CSCO). But, historically, it competed on delivery alone. By having products in stock and ready to ship their motto is on hand on demand ADDvantage could compete with original equipment manufacturers even though those manufacturers could sell the same product (in large numbers and slow delivery times) for much less.
That's my biggest concern with whether an industry is easy to understand or not. If a competitor offers to sell its product for 5% less than you charge, how do you respond? Do you have to respond? Can you ignore price competition like that?
Now, there are obviously industries where price competition is critical and yet the business is easy to understand. Groceries, auto insurance, etc. Even the deposit gathering aspect of some banks is very simple and easy to understand.
The lending part not so much.
My concern is a durable competitive advantage. Som ething that I can recognize. I have to be able to understand it. In some sense, to actually imagine it. There are many companies with competitive advantages that are just too esoteric for me to understand. Id probably recognize them if I worked in that industry day after day. You notice things when youre close enough to see them illustrated every day in a million different anecdotes. Reading about an industry from afar is much harder to do. So the competitive advantage has to be pretty plain and simple. Or I wont see it when I read it. But thats competitive advantages. And I'm not sure competitive advantages are the topic of greatest interest to the folks you'll be interviewing with.
I know that when it comes to what stocks people are most likely to make money on it often comes down to familiarity. Are you willing to study the company? And then are you willing to trust your judgment when the stock price moves against you as it almost certainly will at some critical
source from Top Penny Stocks For 2015:http://www.seekpennystocks.com/top-healthcare-equipment-companies-to-invest-in-right-now.html
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