That's what Seeking Alpha contributor Tim Welland says of ambulatory surgery center company AmSurg in a Friday post recommending the company to investors. Despite economic pressures and the risk of ASC payment reductions in the future, Welland likes AmSurg's high operating margins and the industry as a whole. Check out the full article at this link .
But here's how he wraps it up:
There are also more remote risks. The company lists certain risk factors involving potential regulatory changes that would effectively shut down ASCs. If this were to happen you could pretty much stick a fork in AMSG. I view the potential for such a regulatory change as extremely remote.
In summary, AMSG is a well run company in a growing industry with very high margins. The risks are either already quantified or extremely remote. Best of all, you're getting any growth for free.