(1888PressRelease)
August 22, 2008 - Raleigh, N. C. Calling Total Systems Services, “pristine investment grade,” Thomas E. Vass, the investment advisor to The Technology Stock Advisor Newsletter, announced two new additions to the TSA active stock investment lists.
“Earlier this year, Total Systems had moved from my active investment stocks to my TSA Watch List after an unexpectedly sharp rise in their long-term debt obligations,” said Vass.
“I have known for many years of Total Systems’ dedication to corporate innovation and their ability to generate new products and services, and had been monitoring their progress in bringing their long-term debt-to-shareholder equity back in line,” Vass explained.
Companies that move from the TSA Watch List to the TSA Active Investment List are assigned a quality rating, based upon the quality ranking given by Standard & Poor’s. Standard & Poor’s is a global leader in credit ratings and credit risk analysis, and quality ratings.
“I have come to trust the S & P quality rating as a supplement to my own stock selection criteria,” Vass said.
Vass assigned TSS an initial target buy price, and the target sell price. “Generally, but not in every case, the target sell price is set at about two standard deviations from the stock’s average price range,” said Vass.
Hill-Rom, the other company added to the TSA active investment list, is a recent spin-out from the parent corporation, Hillenbrand Industries, Inc. The company filed the Form 10 registration statement for the spin-out with the U. S. Securities and Exchange Commission (“SEC”) on November 5, 2007.
HRC makes equipment for the health care industry, provides associated services for wound, pulmonary and circulatory care, and offers medical equipment outsourcing and asset management services.
“Our initial stock screening process begins by searching for companies undergoing corporate innovation (CI),” said Vass. “Our method is based upon a theory of technology that suggests to us that companies undergoing innovation may experience a boost in their stock price within a 3 year period.”
“When HRC was spun off from the parent company, it met many of the initial screening criteria set by TSA for inclusion in our active stock investment lists,” he explained. HRC was assigned the TSA rating of B, following the S & P rating of the company.
TSA holds a patent on the intellectual property of technology stock selection. “Our patented stock selection method discovers companies in global industrial value chains where most new technology is created that drives corporate innovation,” said Vass. “HRC fits perfectly with our investment selection methods.”
About TSS. Total System Services: A Rated by S & P
SIC: 7389 – Information Technology Services
TSS provides electronic payment processing and related services to financial and non financial institutions. Services include processing consumer, retail, commercial, government services, stored value and debit cards. Based in Columbus, they offer merchant acquiring services to financial institutions and other organizations in the United States through their wholly owned subsidiary, TSYS Acquiring Solutions, L.L.C., and in Japan through their majority owned subsidiary, GP Network Corporation.
About HRC. Hill-Rom: B Rated by S & P
SIC: 3841 – Surgical and Medical Instruments
Hill-Rom is a leading worldwide manufacturer and provider of medical technologies and related services for the health care industry, including patient support systems, non-invasive therapeutic products for a variety of acute and chronic medical conditions, medical equipment rentals and health information technology solutions. Hill-Rom’s comprehensive product and service offerings are used by health care providers across the health care continuum in hospitals, extended care facilities and home care settings worldwide, to enhance the safety and quality of patient care and patient customers.
About The Technology Stock Advisor. The weekly newsletter offers detailed investment advice on technology stocks to buy, including the buy price and the sell price. The newsletter is updated daily. www.technologystockadvisor.com
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