Comparing IRadimed To Another Monopoly
IRadimed (IRMD) is the only provider of non-magnetic MRI products. Revenue and earnings have been growing robustly. The company is on course to its fourth consecutive quarter of record revenue and improving margins, yet the stock price performance over the last 52 weeks has been negative (-12%).
ZYXI stock price has rocketed over the last 52 weeks (240% gain before the recent negative SA article). I see many parallels between Zynex (ZYXI) and IRadimed and will illustrate how similar the valuations for both companies are. There