HMSY is the chart of the week.
IBD ran an excellent piece on HMSY over the weekend in their 'View from the Top' column in their year-end special.
HMSY tracks billing and reimbursements for Medicare, Medicaid and private insurers. The company has technology that identifes billing errors and saves governments big dollars. The company operates 80% on a contingency basis, getting paid only if they recover funds. The company saves over 1 billion a year for its clients. Given the amount of money the government spends on health care (and will be spending forward) this company is well positioned for earnings growth.
On the technical side, the company broke $50 for the first time last week, then had brief pullback to the lower $48 area. I added to my position on the breakout last week and today the stock blased out to a new all-time high.