PGNY - This Growth Stock Could Provide Big Long-Term Gains
According to the U.S. Census Bureau, the average age of women trying to have a baby has jumped from 27 to 30, the highest on record. There are various reasons for the jump: More women are focusing on their careers during their 20s, and there is the desire to be more financially stable before starting a family.
So when some women begin trying to give birth, it's at a later age, which presents challenges due to a decline in fertility. According to the Centers for Disease Control and Prevention, 12.2% of couples are impacted by infertility, with 1/3 of those cases due to male infertility, 1/3 for females, and the rest a combination. Progyny (NASDAQ: PGNY) offers an integrated fertility services network platform to provide that assistance.
Can its growth projections give investors a reason to consider it as a long-term investment?
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This Growth Stock Could Provide Big Long-Term Gains