A few reasons I like VKNG as a keeper with huge potential:
*First to market. It actively markets and sells the only stand alone, FDA cleared, cost-effective 3D system for use in minimally invasive laparoscopic surgery.
*Market acceptance: 9 month revs up 50% (per today's release). A.most all sales abroad so far, first US (Nationwide Children's Hospital) recently announced.
*Medical market: Medical stocks often carry higher premiums
*Huge market: applications in urologic, gynecologic, bariatric, cardiac, neruologic, and general surgery
*Large parters: Intuit Surgical, Sony, Boston Scientific, to name a few
*Significant customers: US Army Medical Centers, Nationwide Children's Hospital
*High dollar product: 14 units sold this quarter, $3 million in revs (includes revs for 2D products too)
*Strong expectations: Today: "Typically, the fourth quarter is the strongest quarter for hospital capital equipment sales, both in the U.S. and in major markets around the world. We anticipate a strong finish to the year for 3DHD Vision System sales."
*Long term growth in US coming(?):By year end we expect the number of U.S. sales professionals to increase to approximately 50, with 20 demonstration systems available to them. |
