According to MCTH’s own research, the medical staffing industry increased revenues by 100% from $5.3 billion in 1996 to $10.6 billion in 2006 and experts agree that the Baby Boomer generation will continue to fuel increases in demand for medical services as the world’s population ages.

Our latest stock idea—Medical Connections Holdings Inc. (MCTH) is one of the fastest growing national providers of medical recruitment and staffing services and could strongly benefit from this expected increase in demand.

The Company focuses on three markets: Travel, Temp to perm and permanent positions.

So why do we think this one should be added to your radar right away? Well consider these exciting facts…

• A mere .4% market share of physical therapists equates to 1,000 placements which could generate $100 million in revenues for MCTH.
• The Company has developed strong relationships through years of personalized service with thousands of medical facilities across the nation such as Health South, Marriot Long Term Care and HCR.
• MCTH offers healthcare professionals a unique opportunity to “test” drive their new position without any long term obligations and with customized compensation programs.
• Exceptional marketing programs which includes: email Blast, Internet marketing, advertising, Google sourcing, shows and conferences, and strong and unique candidate relations program.
• Well capitalized and positioned for future growth including planned acquisitions.
• Revenue increases have averaged over 110% per year for the past three years!!  source: Medical Connection Holdings, Inc.

And check this out!

In a corporate update announced on January 20th, MCTH announced it is in the final stages of completing an acquisition of a national healthcare staffing company and hope to have it completed within the first quarter of 2010. Hmmm, we think BIG THINGS could be around the corner.

The addition of this acquisition is potentially great news for Medical Connections and its shareholders. This national company runs a strong, profitable operation with virtually the same business lines as MCTH.

Other highlights from 2009 included:

• Entered into a Letter of Intent to acquire a larger national healthcare staffing company, whose 2008 revenue exceeded $50,000,000.
• Retained Joseph Gunnar & Company as its exclusive investment banker.
• Finalized implementation of Microsoft ERP software platform.
• Amended lease on new office space and realized significant cost savings. To read the complete article Click Here

So what’s the price chart telling us about the “technical condition” of MCTH? Well, we are observing the following:

• The stock appears to have put in a major bottom at 25 cents—nearly 70% off of its intermediate-term high near 90 cents from last September.
• The stock appears poised to retest its minor resistance near 50 cents and, if successful, could then retest the 72 cents level—resulting in a potential gain of as much as 60%.
• The MACD is trending higher and is well above the “0” line suggesting a “Strong” bullish trend.
• The stochastics has recently pulled back from overbought levels– suggesting the possibility of additional upside.

Remember, MCTH is one of the fastest growing medical recruitment firms in the industry and one of only a handful that are publically traded.  They are growing rapidly already, but we see an added upside with the President’s new healthcare bill.  That could be absolutely phenomenal for MCTH, if it passes!

So do your OWN homework on this one and add it to your radar right away.

With revenue increases that have averaged 110% a year for the past three years, and a chart that appears to have out in a major bottom, we think members should definitely keep a close watch on this one.