[New] Cliff Note Update - Hidden Supplier Behind a Multi-Billion Dollar Company
Patented Technology - Picks & Shovels to Multi-Billion Dollar Company - Operating Leverage - Sticky Customers
We originally added this medical device company to the Microcap Quality index (MSMqi) index in June 2022 based on a strong quarter and because of previous conversations we had with management. We said the stock could trade well over $25 within one year. The stock actually went and hit over $60, but has substantially pulled back due to financial performance volatility because of customer concentration.
However, we’ve analyzed this relationship further and believe that the concentration risk will be substantially reduced for the next three years.
We think the stock has the potential to reclaim its old highs to rise 50% within the next 18 months, with a good chance of rising to well over $150 within the next few years.


