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home / news releases / ATEC - Alphatec Holdings: Buy With Both Hands As Business Momentum Continues To Build


ATEC - Alphatec Holdings: Buy With Both Hands As Business Momentum Continues To Build

  • Business momentum continues to accelerate as evidenced by the recent blow-out second quarter results and related guidance raise.
  • Organic revenue growth in the company's core domestic market now expected to exceed 50% this year.
  • Strong growth trajectory has yet to translate into profitability and cash generation.
  • Recent share price weakness likely the result of arbitrage strategies employed by buyers of the recent $275 million convertible notes offering.
  • Speculative investors should use the pullback to initiate positions. Get long the shares with a short-term price target of $15. Assuming ongoing execution, I wouldn't be surprised to see the shares eclipsing $20 early next year.

For further details see:

Alphatec Holdings: Buy With Both Hands As Business Momentum Continues To Build
Stock Information

Company Name: Alphatec Holdings Inc.
Stock Symbol: ATEC
Market: NASDAQ
Website: atecspine.com

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