Advanced Neuromodulation Systems, Inc (ANSI $40.30) is a high-ranked leader in the Medical-Products group. The company  makes advanced implantable devices that deliver electrical current or drugs directly to targeted areas of the body to manage chronic pain.   

Finding support on several tests near its 50-day moving average (the blue line), ANSI has been consolidating normally after having risen about 50% from its March breakout.  While some may choose to wait for a break above its 8/01/03 high of $41.52 before becoming big believers, any closes above the $40 mark (see green line) that it rallied back to on 8/19/03 would be an encouraging sign, especially if volume accompanies the rise.  ANSI showed signs that it is still fighting through some resistance, however, because on 9/15/03 it was pressured back down from its highs, closing down on above-average trading volume. Watch for a more reliable breakout with volume at least 50% above average as a guideline.

A look at ANSI's quarterly financial sales revenue and earnings comparisons versus the year earlier tells an impressive fundamental growth story.  In the past 4 reports the company's sales revenues have been better by 45% to 73%.  Earnings growth has been strong, as IBD ranks it in the  top 15% of the entire spectrum of public companies tracked. 

Prior 4 Quarterly earnings % Changes
+150%;+160%;+160%;+56%

More Info:5-year Chart from BigCharts.com

Additional Resources...
Financials, StockTalk, News, Chart, SEC, Zacks Reports

IF YOU ARE NOT CURRENTLY SUBSCRIBED TO RECEIVE THESE BULLETINS
YOU CAN SIGN UP HERE