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Stock impact report

2 Reasons PGNY is Risky and 1 Stock to Buy Instead [Yahoo! Finance]

Progyny, Inc. (PGNY) 
Last progyny, inc. earnings: 3/5 04:06 pm Check Earnings Report
Company Research Source: Yahoo! Finance
This was partly thanks to its solid quarterly results, and the run-up might have investors contemplating their next move. Is there a buying opportunity in Progyny, or does it present a risk to your portfolio? Get the full breakdown from our expert analysts, it's free for active Edge members Despite the momentum, we're cautious about Progyny. Here are two reasons there are better opportunities than PGNY and a stock we'd rather own. Larger companies benefit from economies of scale, where fixed costs like infrastructure, technology, and administration are spread over a higher volume of goods or services, reducing the cost per unit. Scale can also lead to bargaining power with suppliers, greater brand recognition, and more investment firepower. A virtuous cycle can ensue if a scaled company plays its cards right. With just $1.27 billion in revenue over the past 12 months, Progyny is a small company in an industry where scale matters. This makes it difficult to build trust with cus Show less Read more
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