Ivax"Investors searching for an undiscovered 'wonder...

STOCK WATCH

March 25, 1992|By Opinions on stocks offered by investment experts. Compiled by Steve Halpen for Knight Ridder.

Ivax

"Investors searching for an undiscovered 'wonder stock' that time will transform into a big winner should follow Ivax (AMEX, IVX, $34)," says The Ruta Financial Newsletter.

"Ivax has grown and will continue, via acquisitions, to evolve into a major player within the health-care industry. Although relatively small, with 1991 revenues of $175 million, there are potentially important products in its pipeline, including new drugs for the treatment of Alzheimer's disease, AIDS and rheumatoid arthritis. . . . We expect IVAX to earn approximately $0.85 in 1992, at least $1.25 in 1993, and $2.50-$3 per share in 1994.

Transmedia Network

"Transmedia (OTC, TMNI, $14) is a leading company in the small and rapidly growing niche market. The firm provides cash advances to restaurants," says Edward Tavlin, Fahnestock & Co.

"In exchange, Transmedia issues a restaurant charge card entitling cardholders to a 25 percent savings when dining in participating restaurants. . . . The restaurant benefits by getting its money up front and by picking up new clients. Transmedia has over 1,200 restaurants in its directory. The concept has proven successful in New York and South Florida. It seems probable that the geographic spread of this concept will keep the company growing for years."

Home Intensive Care

Home Intensive Care (NASDAQ, $8) -- a home health care provider -- has been on a course of aggressive growth," says Donald Wampach, Hamilton Investments.

"Home Intensive Care announced a letter of intent to acquire Preferred Homecare of America, a home-infusion company. . . . Preferred Homecare has offices [serving] Dade through St. Lucie counties, Fla., providing a good overlap with Home Intensive's centers in these locations. We look for earnings of 46 cents a share, up from 33 cents in 1991. We award the issue our top buy rating for both short- and long-term performance potential."

Gaylord Entertainment

"Gaylord Entertainment (NYSE, GET, $34) may have stumbled on a hot property in Country Music Television," says The Insiders' Chronicle.

"Gaylord purchased Country Music TV for $30 million in a joint acquisition with Westinghouse Broadcasting. Country Music Television . . . earned its first profit in eight years in 1991, and the network thinks it can do for country-and-western what MTV did for rock 'n' roll. Gaylord looks like an ideal launching pad. The Nashville company's ownership of Grand Ole Opry, Opryland Park, the Nashville Network, four TV and three radio stations, among other properties, puts it square in the middle of the country music scene."

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