August 7, 2013

On Cynosure

Cynosure is a small but steadily growing laser manufacturing company whose products are used primarily in cosmetic surgery.  You may have to be patient with this company, but the company is growing at a healthy pace:

SA has a small write-up on the company:

"Investors have got to be patient here. What you're seeing is a company that's growing revenue at 20% year-over-year every quarter, and very consistently. The company is trading at about 2.5 times its sales for the trailing 12 months, and it is growing earnings. Unlike so many of the biotechs that we talk about, which are pre-revenue, let alone pre-profit, this company is cash flow positive and making a profit."

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