2024-03-28 09:44:31 ET
Summary
- Insulet Corporation, the maker of the Omnipod Insulin Management System, provides essential services to a patient group of 10 million diabetes patients and has experienced significant growth over the past decade.
- The company's wearable and discrete solution, Omnipod, has the potential for further adoption in the market, as injections are still the norm for diabetes treatment.
- Insulet sales and operating profits have been strong, but elevated expectations for future growth have caused the stock price to decline, presenting a potential buying opportunity.
At the start of the year, I called shares of Insulet Corporation (PODD) an interesting, yet expensive, story. The maker of the Omnipod Insulin Management System provides essential services to a targeted patient group of more than 10 million diabetes patients and has five-folded the business over the past decade....
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For further details see:
Insulet: Insulating Patients, Investors Still Have To Wait