INMD - InMode Stock: A Good Buy The Dip Opportunity
- The steep decline in INMD has been a great opportunity for investors with a longer time horizon to increase their potential returns by buying the dip.
- The current disconnect between the business and the stock creates a great buying opportunity for risk tolerant investors.
- The US, INMD’s main market, continues to grow robustly. International expansion, investments in sales & marketing and launch of new products should unlock further growth.
- The company’s ultra-low-cost model and high performing teams delivers competitive advantage. Its strong balance sheet and management’s recent remarks also suggest M&As are on the horizon.
- it is inconceivable that INMD will not reclaim its 2021 highs in 12 to 24 months. This represents around 150% upside.
For further details see:
InMode Stock: A Good Buy The Dip Opportunity