PLUG - Kornit Digital: Ignore The Noise And Buy The Dip

Israel-based Kornit Digital Ltd. (KRNT) has grown into a leader in digital printing technologies for the garment, apparel and textile industries in recent years.

As print-on-demand offerings continue to gain traction, so does Kornit as the company has grown revenues substantially since going public in April 2015 from $86.6 million in FY2015 to $142.3 million in FY2018. The company's share price has done even better, more than tripling from its $10 IPO price.

Picture: Recently introduced Kornit Avalanche Poly Pro for industrial polyester printing - Source: Company Website

The company's success is partially