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InMode Ltd.'s (NASDAQ:INMD) Recent Stock Performance Looks Decent- Can Strong Fundamentals Be the Reason?

By Yahoo! Finance   |   Oct 1, 2024 at 07:29 AM EST
InMode Ltd.'s (NASDAQ:INMD) Recent Stock Performance Looks Decent- Can Strong Fundamentals Be the Reason?

InMode's stock has risen by 3.3% recently, prompting an analysis of its Return on Equity (ROE). With a ROE of 20%, higher than the industry average of 11%, InMode's efficient reinvestment of capital has led to strong earnings growth.

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