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Stock impact report

Is Nano-X Imaging Stock a Buy in the New Bull Market? [Yahoo! Finance]

NANO-X IMAGING LTD - Ordinary Shares (NNOX) 
Company Research Source: Yahoo! Finance
like Nano-X Imaging (NASDAQ: NNOX) -- have been getting a boost. Shares of the young Israeli company are up by 43% over the past 12 months, and it hasn't even started to execute on its long-term plans with gusto yet. So does that make Nano-X a buy right now, when there are many different stocks that are climbing? And how solid will its prospects be when the market inevitably reverses at some point? Let's dive into these questions. A bull market can lead to inflated share prices Bull markets can often cause investors to overlook the blemishes on young companies. Inevitably, many of these enterprises prove unprofitable or overly ambitious and ultimately leave shareholders with losses. But there's no rule that says an early-stage company can't enjoy the upside of a bull market while getting its ducks in a row for long-term success. It's too early to tell conclusively whether Nano-X will remain a winner whenever the market settles down, but there are a few clues to suggest it migh Show less Read more
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