Home Grown Stock Pick from UMB in Kansas
In our recent interview with William Grenier, CIO of UMB Investment Management, he talked a little bit about a stock that is demonstrative of his investment strategy, and is based right in Kansas City where UMB is located:
Mr. Greiner: A name that we have been utilizing now for quite some period of time that I feel pretty comfortable talking about is Cerner Corporation (CERN). Cerner is a local company here in Kansas City and they are involved in information technology, catering to the healthcare industry — large doctors’ offices and doctors’ practices in hospitals. They basically help doctors offices move toward a paperless office environment, which is one of the mandates coming out of Washington. The Obama Administration wants the health system to be a paperless kind of system and Cerner provides software packages for those end-users.
For the full Investing Strategies report- including a complete interview with Mr. Greiner as well as a wide variety of other portfolio managers, click here.
This entry was posted on Thursday, June 11th, 2009 at 5:14 pm and is filed under General Investing. You can follow any responses to this entry through the RSS 2.0 feed.