INMD - Here's Why I'm Buying (More) InMode Stock in August
2023-07-29 09:45:00 ET
Buying more shares of one of your winning investments can feel good. Aside from confirming your commitment to a smart decision from before, you also ideally get the enjoyment of seeing the stock's next leg of growth.
On that note, I've been a shareholder of the medical aesthetic device company InMode (NASDAQ: INMD) for several years now, and last week I increased the size of my position by 10%. Here's why I plan to buy even more soon.
InMode makes devices that plastic surgeons and other practitioners of medical aesthetics use to liquefy fat, tighten skin, tone muscle, and remove unsightly hairs. Its less-invasive technology entails less down time for patients in comparison to getting plastic surgery or liposuction. That can make it a popular choice when patients have access to it.
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Here's Why I'm Buying (More) InMode Stock in August