Buffett Loves It. Skippers Say It's Cheap. It's Up 21%. Name That Stock.
H&R Block(HRB Quote) is something of an anomaly.
When everyone else in America is fretting about taxes, the company is whistling It's the Most Wonderful Time of the Year: Last year H&R Block prepared a whopping one out of every seven tax returns filed with the IRS, serving about 17 million tax clients in the U.S.
But it's an anomaly for other reasons, too. It's one of a select group that can claim earnings visibility, and its growth rates look solid. In January the company forecast annual revenue growth of 10% to 15%, with expected EPS growth of 13% to 18%. In light of that visibility the stock has held up well this year, gaining 21% in a 13-week period. Not only that, but it has attracted the eye and wallet of no less than Warren Buffett, whose Berkshire Hathaway
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