INMD - 2 Promising New Growth Stocks to Watch in 2023
Some investors turned their backs on growth stocks as economic woes deepened last year. It's important to remember, though, that today's economic troubles and stock market downturn are temporary. Certain growth stocks may suffer in this sort of context. But they'll be among the first to rebound or extend gains once things improve.
That's why it's never too early to look for smart growth stocks to buy now. I've got two in the healthcare sector that make great candidates to watch this year. One is a medical technology company that's set to report record earnings. The other is a biotech company with new product revenue and potential new product launches ahead. Let's take a closer look.
InMode (NASDAQ: INMD) makes radiofrequency devices used in various aesthetics and wellness procedures. They're used for skin remodeling, removal of unwanted hair, and the treatment of weak pelvic floor muscles -- and these are just a few examples.
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2 Promising New Growth Stocks to Watch in 2023