IART- I am a strong buyer @ $25 !
There is no rational reason that the stock is getting killed this bad. I just don't get it. I listened to the entire CC today, and it seems the company expects their present products to do well, and is giving guidance of $3.01-$3.11 for 2024, with mid to high single digit growth in the second half. All of their products are doing well, so this is surprising to me for the stock to have gotten hit this hard. In addition, although there's no timeline, the company expects the Boston factory to come back on line at some point. I can't figure out why this stock is selling for a measly 8 PE going forward. I guess there's something I don't know, but from what I do know, the stock is very cheap.
