Savvy Trades and Investments

[SSKILLZ1]

INMD

I brought back INMD today at $32.21 after selling over $35 before earnings. Here is what I like.

Valuation: Guidance of $2.58-2.60 I believe will proven to be conservative. I expect somewhere between $2.75-3.00 This year. Hence I think the stock is trading at about 11 times a industry that often trades at 17-20 PE's. Hence I feel it very undervalued at current levels.

Revenue growth: This is a fanastic revenue growth story.
Estimated FY 23 525-530m (I believe it will be proven to be conservative)
FY 22 454,271
FY 21 357,565
FY 20 206,107
FY 19 156,351
FY 18 100,162

As you can see from the chart, that is outrageous growth.

Conclusion: I think INMD is waaaaaaaaaaaaaay too cheap at current levels and am glad to be in, as I think the stock is very undervalued at current levels in my opinion.