Can Medical Aesthetics Firm InMode Keep Its Picture-Perfect Growth Streak Alive?

Can Medical Aesthetics Firm InMode Keep Its Picture-Perfect Growth Streak Alive?

Investor’s Business Daily reporter Allison Gatlin writes that “InMode stock is looking picture perfect” as the stock (Nasdaq: INMD) has managed to stay at the top of the IBD 50. So, what’s driving the outperformance? “Aesthetics, in general, are growing because of a variety of factors,” Needham analyst Mike Matson told Investor’s Business Daily, noting social media, the Zoom culture and an aging population have played a role in the recent medical aesthetics boom. InMode’s technology leads to “better results with less invasive treatment,” Matson added, “that technology is unique and that’s what’s been the primary driver.”

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