They barely make 20-30% gross margins, if one really wants scorching sales growth isnt InMode an easier bet? There is an actual profitable business model there with proven ROCE and one is paying very reasonable multiples.
Honestly, I dont know. My strategy has been to buy into pain and sell into optimism. Bottom is only known in hindsight. In this tech collapse, from my own buy price,Netflix is up 50%, InMode 70%, and Dropbox, Uber and Disney are flat. There’s clearly a lot of stock specific action and I want to capitalize on that, rather than trying to find lows and highs of a broad index. Obviously, all my gains can easily evaporate, but nobody knows these things!
| Subscribe To Our Free Newsletter |
