InMode: Still A Multi-Bagger Stock In The Making, Still Worth Buying. Here's Why

Back in January, we wrote about INMD because we saw major upside potential. Since then, the stock has returned about 60% vs the S&P 500's 10% change which may have some people questioning if it's time to take profits or not. In this article, we provide an update on company's future as well as an updated valuation to determine if it's still worth holding or not (spoiler, it's a buy). Check out our report!

We recommend reading our original article which was actually posted on InMode's website as well (thanks, InMode!) for another detailed analysis on the company: A Multi-Bagger Stock In The Making: InMode Has All The Right Traits

Here are the main points of our newest report: 

• InMode is a leader in the medical aesthetic devices industry and blows competitors out of the water when comparing financial metrics. 
• The company still possesses many traits of a multi-bagger, such as having high revenue growth, stable margins, and high returns on capital. 
• Our updated valuation suggests that InMode is trading at a fairly large discount to fair value. 
• InMode continues to beat analyst expectations and we don't see any reason for this trend to stop. 

*This is a premium seeking alpha article, so we can’t fully post it here.*   ​

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