Geoinvesting Guest Post On Cliff Note #93
Minimum 100% Short-Term Upside In This Turnaround Med-Tech Company
On 8th of July, this medical device stock was the 93rd company we added to our MS Microcap Quality Index (MSMqi). On 19th of September , we co-hosted a Live Fireside chat with Geoinvesting, where had an in-depth discussion with the new CEO of this company to learn more about its turnaround story that finally reflected.
So, we thought it would be a good idea to share Geoinvesting’s full research report they just published on the company that ties the story together.
Enjoy :)
Highlights
The company’s turnaround is driven by operational restructuring, a focus on higher-margin U.S. markets, and a patient-first approach, led by its new CEO.
The company has reported two consecutive quarters of profitability, with strong revenue growth and flat operating expenses.
We expect a near-term upside of at least 100%.
Key catalysts include continued sales and EPS growth, as well as the divestiture of the medical coatings business.
The CEO says the company is taking market share “like crazy in the vascular access and wound care spaces.”
He adds, “We’ve built a model that scales well. We’ve bottomed out on operating expenses and are now poised to make investments that will fuel the next phase of growth, without eroding profitability.”