DOCS - 2 Magnificent Stocks That Could Go Parabolic
2023-12-02 08:10:00 ET
Finding a stock with the growth potential necessary to make its share price go parabolic is tough. However, in reality, investing in such stocks -- provided you identify them -- gets even more difficult because most of these stocks already carry a premium valuation.
Yet, finding such stocks isn't impossible.
Two businesses we will look at today, Doximity (NYSE: DOCS) and InMode (NASDAQ: INMD) , are steadily growing operations, and yet trade at discounted prices today -- something that may not last forever. The two businesses are wildly profitable and cash-generative, with free cash flow (FCF) and net profit margins above 25%.
For further details see:
2 Magnificent Stocks That Could Go Parabolic