10 Best Consumer Service Stocks To Watch For 2015

10 Best Consumer Service Stocks To Watch For 2015: Medical Action Industries Inc.(MDCI)

Medical Action Industries Inc. develops, manufactures, markets, and supplies various disposable medical products primarily in the United States. It offers custom procedure trays that include orthopedic, cath lab/radiology, labor and delivery, cardiac, ophthalmology, tissue procurement, neurology, robotic, gynecological, vascular, urology, cosmetic/plastic surgery, anesthesia/pain, bariatric, and general/other trays; minor procedure kits and trays, such as central line dressing, suture removal, laceration, incision and drainage, general purpose instrument, wound dressing change, sharp debridement, venipuncture, ear and ulcer syringes, trach care, and irrigation trays, as well as razor and shave prep kits, piston syringes, and I.V. start kits; and operating room disposables and sterilization products comprising surgical marking pens, needle counters, light shields, convenience kits, surgical headwear and shoe covers, isolation gowns, instrument protection, eye-shields, sutur e boots, basin separators, reel cutters, patient aids, crutches, walkers, canes, patient slippers, O.R. basins, magnetic drapes, guide wire bowls, bowie dick test packs, vessel loops, anti-fog solutions, heat sealers, and tray liners. The company also provides patient bedside products consisting of wash basins, bedpans, pitchers and carafes, urinals, emesis basins, soap dishes, medicine and denture cups, tumblers, sitz baths, service trays, and perineal bottles; dressings and surgical sponges, which include burn dressings, sponge counting systems, elastic nets, and bandage rolls; containment systems for medical waste, such as waste solidifier and spill cleanup kits, and equipment dust and sterility maintenance covers; and laboratory products comprising petri dishes, containers, collectors, calculi strainers, and vials. It sells its product! s primarily to acute care facilities through a network of direct sales personnel. The company was founded in 1977 and is headquartered in Brentwood, New York.

Advisors' Opinion:

• [By Thomas Scarlett]

  The medical device market keeps expanding, as new technologies are constantly introduced and the need for health care by the U.S. population keeps growing. One of the most dynamic companies in this sector is Medical Action Industries Inc. (NASDAQ: MDCI).
  
  Medical Action is a manufacturer and distributor of disposable medical devices, and a leader in many of the markets where it competes. Its products are marketed primarily to acute care facilities in domestic and certain international markets. The company has recently expanded its target market to include physician, dental and veterinary offices, out-patient surgery centers, long-term care facilities and laboratories.
  
  Medical Action’s products are marketed nationally by its direct sales personnel and extensive network of health care distributors. The firm has preferred vendor agreements with several national and regional distributors, as well as sole and multi-source agreements with group purchasing org anizations.
  
  Concerns about contamination, infection, or imperfection in medical supplies have never been higher. Medical Action has earned a solid reputation for producing reliable, well-crafted medical tools.
  
  The company has moved to a dominant position in the operating room supplies market in just a few years. Among the company's products are sutures, laparotomy sponges, operating room basins and various sterility monitoring products. It also offers clinical care market products, which include custom procedure trays and minor procedure kits. Medical Action has a strong record of developing new products and getting them approved by the Food and Drug Administration in a timely manner.
  
  As the population ages and more Americans are covered by Medicare, while younger Americans have! more acc! ess under the Affordable Care Act, the earnings potential of well-managed health care providers and the companies that supply them with tools will only grow.
  
  The company's first-qu

• [By Roberto Pedone]

  Another under-$10 health care player that's starting to move within range of triggering a major breakout trade is Medical Action Industries (MDCI), which develops, manufactures, markets and supplies a variety of disposable medical products. This stock has been on fire so far in 2013, with shares up sharply by 129%.

  If you take a look at the chart for Medical Action Industries, you'll notice that this stock has been trending sideways and consolidating for the last month and change, with shares moving between $5.84 on the downside and $6.76 on the upside. Shares of MDCI are now starting to spike higher right off its 50-day moving average of $6.09 a share, and it's quickly moving within range of triggering a major breakout trade above the upper-end of its sideways trading chart pattern.

  Market players should now look for long-biased trades in MDCI if it manages to break out above its 200-day moving average at $6.67 a share and then once it takes out some more key overhead resistance levels at $6.76 to $7.13 a share with high volume. Look for a sustained move or close above those levels with volume that hits near or above its three-month average action of 98,989 shares. If that breakout hits soon, then MDCI will set up to re-test or possibly take out its next major overhead resistance levels at $9.50 to $10 a share.

  Traders can look to buy MDCI off any weakness to anticipate that breakout and simply use a stop that sits right below some key near-term support levels a $5.84 to $5.50 a share. One can also buy MDCI off strength once it clears those breakout levels with volume and then simply use a stop that sits a comfortable percentage from your entry point.

source from Top Stocks For 2015:htt! p://www.t! opstocksblog.com/10-best-consumer-service-stocks-to-watch-for-2015.html