This Fierce Growth Stock Is a Monster Value Right Now

This Fierce Growth Stock Is a Monster Value Right Now

This Fierce Growth Stock Is a Monster Value Right Now

The The Motley Fool details InMode as a company likely to outperform the market over the next few years.

“Over the past three years, its trailing 12-month revenue grew by 174%, reaching nearly $378M, whereas its net income popped by 304%. Nonetheless, it recently experienced a bump in the road when both its top and bottom lines contracted sharply compared to the prior three-month period. Management pointed to the global supply chain and shipment prices as the reasons for its contracting margins, both of which it expects to continue. But that doesn’t seem to matter much anymore, now that a few workarounds are in place. On July 12, the company gave a sneak peek into its anticipated Q2 earnings and it has opted to raise its guidance for 2022 from a high end of $425 million in revenue to a new high end of $435 million.”

Read the article here

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