SwingTrade Member Forum

[Rawnoc]

FONR is a great swing trading with a cool successful product (standup MRI) and story. Here's why I like it here and thinking it will make a decent pop:

(1) FONR's sales and earnings have been doing well especially credited to Germany. Since their stand-up MRI is the only MRI type that can effectively examine the spine in its normal weight load, FONR expects this to become the standard throughout Europe. FONR's annualized earnings already suggest a quite undervalued stock even before further anticipated growth.

(2) FONR has been successful in cost cutting and therefore improving net margins that should give consistent high profitability going forward as well as increase potential EPS with any sales increases.

(3) FONR has a rather low outstanding shared count, float, and market cap for a nicely profitable NASDAQ.