Thought on INMD? Why is it viewed as risky?

I have a 2% position in INMD at cost basis of $66, so I'm a little in the red.

I've noticed that it's bottom seems to be about $39 or so.

Do you think its currently worth adding a few shares?

Also it's fundamentals look good to me and supposedly it doesn't have debt.

It also has steady revenue growth, etc.

Why is it viewed as risky or overvalued?

It's gross margin is like 70% according to macrotrends.

And it has good free cash flow.

I mean it's down 34% ytd?

Just wondering.

Is anyone else invested in INMD?

Thanks.