LBMH- anyone with any thoughts on this stock? (fund, Fidelity, invested)

[jmarchand1981]

I have read the materials and reviews that fidelity provides for their customers. It looks good and seems promising but I would like someone to take a second look if they have a moment.

I like the healthcare/DME market and I like quarterly divideneds. The low price/entry point is attractive to me.

[MLSFan]

I don't mind healthcare companies... that one seems like a penny stock... stay away from it.

you get better growth using a broad index like VTI. Besides the upside of it jumping, I don't see how it has enough capital to make large jumps. At best, it'll get bought out, at worst, you lose all your money...

edit: are you looking at it because it is "cheap"? Don't bother with it if that's the sole reason. If you are looking to spend "$X", it doesn't really matter if you buy 1 share of $1000 or 1000 shares of $1, you'll still have the same amount invested. The likely hood of you losing money on a company that only cost $1 is a lot higher though. At least with the larger company, even if it loses value, it has enough capital to bounce back if it is a good company (think large blue chips). Same principle of index funds too, diverse enough that it won't be wiped out because there's enough doing "well" enough to make up for the ones that are doing "poorly". I'm pointing this out since it doesn't look like you are looking at this like a "small" cap deal, but just because it is "cheap"

[bmw335xi]

Very risky! If you like the medical industry there are much better choices. You could go with something safe like XLV, which is made up of top quality medical stocks.

[jmarchand1981]

I actually canceled my original order before I fell asleep last night. I liked it...but then I stopped liking it after doing some more research. Thank you for the input guys. Your replies have further justified my actions.