API is a well run company that appears to be taking the lessons learnt by the big retailers straight to the bottom line. Their divvies alone are a great driver, but I suspect their long term capital growth prospects will eclipse even those! 55% appreciation in 4 months can't be bad! Will it test its highs of 94c? If the market keeps rallying, maybe - its still on only a PE of a tad over 12, so there is room to move. Mid and small caps are usually the biggest winners in a rallying market.
Keep an eye on this one.
API Price at posting:
64.5¢ Sentiment: Buy Disclosure: Held
