- InMode has seen a tough first and second quarter for obvious reasons, yet remained incredibly profitable.
- Net cash balances never put the viability of the company in doubt as valuations were far too low in the spring.
- Shares have seen a big recovery, although more than fully backed up by the third-quarter fundamentals and solid guidance.
- I like the valuation a lot here, yet continue to have some reservations about the longevity of the business strength which withholds me from increasing my position.
For further details see:
InMode: Beauty In The Eyes Of The Beholder