Category: Baystreet Newswire
Company: TDM Financial
There's little doubt that the medical device market is rapidly growing, with the iShares Dow Jones U.S. Medical Device ETF (NYSE: IHI) trading up over 20% this year. With components like Medtronic Inc. (NYSE: MDT) trading up over 30% and Thermo Fisher Scientific Inc. (NYSE: TMO) trading up more than 40% year to date, the medical device ETF's performance doesn't come as a surprise to many investors in the space that have been profiting handsomely.
But, investors looking for even higher returns may want to look into small- and micro-cap equities capable of generating significantly greater upside.
Profitability Reduces Risk
The primary risk associated with many micro-cap stocks - defined as having market capitalization of less than
Rapidly Growing Revenues
During the quarter ended
It's also worth noting that high margins and stability of these revenues, afforded by the company's medical device end markets. During the same quarter, gross profits increased 30% and gross margins came in at a healthy 55.3%. Medical device end markets are also unique in that, once the U.S.
Potentially Undervalued Stock
The discount to its peers and benchmark indices is likely due to its small market capitalization and trading on the OTC Markets. In fact, many institutional investors are unable to purchase equities below certain thresholds. But with its growing revenues and profitability, management will likely pursue an uplisting to the NASDAQ or NYSE MKT in the future that could rapidly unlock this value, while individual investors can acquire stock on the cheap in the meantime.
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DisclosureExcept for the historical information presented herein, matters discussed in this release contain forward-looking statements that are subject to certain risks and uncertainties that could cause actual results to differ materially from any future results, performance or achievements expressed or implied by such statements. Emerging Growth LLC is not registered with any financial or securities regulatory authority, and does not provide nor claims to provide investment advice or recommendations to readers of this release. For making specific investment decisions, readers should seek their own advice. For full disclosure please visit: http://secfilings.com/Disclaimer.aspx
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