Summary: ON SALE
Score: 11/20
MOS: 83%
Share Price: $426
Sticker Price: $2,514
I’m a big fan of the Motley Fool Money podcast as well as the Motley Fool Money newsletter. Both are great for stock news and picks. Once I hear a recommendation I immediately head over to Tykr to see if the recommendation is actually a wise investment. In some cases it is and other cases not so much but it’s great to hear new ideas.
Yesterday I saw a recommendation on Dexcom. I never head of this company. When I took a closure look within Tykr, I saw a share price of $426 and sticker price of $2,514. Impressive!
Dexcom was founded in 1999 and develops, manufactures, and distributes continuous glucose monitoring systems for diabetes management. The monitoring systems are small, sleek, and sync up with easy to use mobile applications.
Their revenue grew by over 43% and net income grew by over 200% last year. This is a great sign for investors! Not only are the sales increasing but they’re optimizing the business to become much more profitable.
DexCom has estimated there are more than 415 million people around the world with diabetes and their products can potentially help every one of these individuals.