This seems like the cheapest small cap growth stock I’ve ever seen. I discovered it through reading a Baron Funds commentary. Seems like a long runway for growth, established international presence and a solid management team (CEO formerly built Coty). Recent insider buying on open market. Stock has been in the toilet but seems like a decent 3-5 year hold? I did some informal DD on the beauty subreddits here and it seems like 70% of customers and professionals generally like the product. My main concern is that on the last earnings call management seems to be putting a lot of emphasis on rebounding demand from China. I know they also had some operational hiccups with rolling out their new machines. Obviously a recession would be bad news. Anyone else watching this stock and have thoughts?
Leave a Reply