IRadimed: Reduce Equity Beta With Upside Capture [Seeking Alpha]

iRadimed Corporation (IRMD)
Last iradimed corporation earnings: 4/30 07:00 am
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US:NASDAQ Investor Relations:
iradimed.com/en-us/investors/investor-contact
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Source: Seeking Alpha
simonkr/E+ via Getty ImagesInvestment SummaryThe June selloff has opened the floodgates for value opportunities within the medical technology ("medtech") universe. /medtech as an equity factor has traditionally provided a defensive overlay to equity portfolios in times of economic downturn. Namely, high predictabilityof future cash flows, short equity duration and low earnings variability are all characteristic of the sector.The high-beta/growth trade has also exhausted itself and hence low-beta, high quality strategies continue to offer strategic alpha looking ahead. With an equity beta of ~0.87, medtech provides investors alternatives-like exposure when budgeting risk towards defensives. This brings us to IRadimed Corporation (NASDAQ:IRMDWe are bullish on IRMD with the view it has the economic pillars to re-rate to the upside in the forward looking climate. There are numerous factors that stack a bullish tilt into the risk/reward calculus. Here, we will discuss but a few of these. I
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IRMD
News
- IRADIMED CORPORATION to Participate at Upcoming Investor ConferencesGlobeNewswire
- IRadimed Continues Ploughing Along With Superb Economic Characteristics [Seeking Alpha]Seeking Alpha
- Are IRadimed Corporation (NASDAQ:IRMD) Investors Paying Above The Intrinsic Value? [Yahoo! Finance]Yahoo! Finance
- IRadimed Co. (NASDAQ: IRMD) had its price target raised by analysts at Lake Street Capital from $55.00 to $60.00.MarketBeat
- IRADIMED CORPORATION Announces Second Quarter 2023 Financial Results [Yahoo! Finance]Yahoo! Finance
IRMD
Earnings
- 8/3/23 - Beat
IRMD
Sec Filings
- 9/28/23 - Form 4
- 9/20/23 - Form 4
- 9/13/23 - Form 4
- IRMD's page on the SEC website