Friday, March 11, 2011

Omega proteins, good for your heart and your portoflio

Omega Protein Corp, has been red-hot since its earnings release last week. Estimates are moving higher, keeping valuations attractive. This Zack #1 Rank (Strong Buy) is set for another great year and should see double-digit growth for the next couple of years.

Omega Protein makes fish oils with Omega-3 fatty acids for health-conscious humans, as well as specialty fish meal for aquaculture and livestock. On March 3 Omega Protein reported excellent full-year financial results for 2010 that included net income of US$18.3 million, or US$0.97 per share. That is up from just US$6.2 million, US$0.33 per share, in 2009. EPS for fourth quarter came in at US$0.44, up from an 8-cent loss a year ago. Read more ...

This blog is written by Martin Little The Aquaculturists, published and supported by the International Aquafeed Magazine from Perendale Publishers.

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