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FONR - Fonar Is Cheap But Also Subject To A Major Risk
Fonar Corporation
Introduction
I am always on the lookout for new stocks to research for my personal portfolio and I utilize a number of stock screens to help narrow down my list. One stock that has appeared on multiple screens for awhile now is Fonar (FONR), an MRI imaging services company with a legacy medical equipment business. The company checks a lot of boxes on the stat sheet: FONR has no debt, healthy margins, growing revenue, and a cheap valuation. The company also has a relatively straightforward business model, which I appreciate given my limited