Inmode Ltd (NASDAQ:INMD)

Taylor Carmichael (TMFSaintCroix):
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InMode's stock is very cheap right now

The stock of medical device maker InMode is down more than 35% in 2020. This Israeli company specializes in minimally invasive aesthetic medical tools. Using its radio-frequency devices, doctors can perform liposuction and other surgical procedures while avoiding all the risks of plastic surgery.

InMode is growing fast, with 63% revenue growth in its most recent quarter. And the company's bottom line is just as nice, with profit margins over 39%.

Not surprisingly, the stock was a big winner after its IPO in 2019, almost quadrupling in three months. While COVID-19 has sent the stock crashing down from its highs, InMode is actually still up 66% in its first year as a public company, stomping the S&P 500.

InMode has net cash of almost $200 million. At a market cap of $770 million, the company is valued at 14 times earnings and less than 4 times its cash on hand. That's pretty cheap for a market leader that is revolutionizing cosmetic surgery. While many of its customers are closed right now because of COVID-19, the high demand should resume once the world reopens for business. InMode is a highly profitable, fast-growing business that is on sale right now.
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https://www.fool.com/investing/2020/04/30/3-dirt-cheap-stocks-that-are-an-eye-popping-bargai.aspx
April 30, 2020 | TMF

👍 Great article, Taylor.
($SDC, $FTCH are also mentioned in the write-up.)

High operating margins, minimally invasive cosmetic surgery. Based in Isreal.