BUY Conviction3/5 Analysis quality70/100 now
Joseph Hogue recommends Retractable Technologies, noting its significant revenue growth of 130% last year and improving operating profitability. The company has a strong net cash position of $40 million, representing 32% of its market value, despite a recent stock decline.
“The company reported a hundred and thirty percent revenue growth last year to 188 million dollars in operating profitability that jumped to 38% from just 29% the year before and profitability has improved every year in the last three.”