- One of the most epic stock rallies we’ve ever seen, Tandem Diabetes Care looked down and out late last year, but its fortunes have revived in the most dramatic fashion possible.
- The rally is even more impressive as the company increased its share count more than 4x this year and still makes considerable losses and bleeds cash.
- But with the debt eliminated and enough cash to last it to cash flow and profitability in H2 next year, the situation is clearly dramatically different.
- Most importantly, the company is growing its market and gaining on competitors.
Source: Tandem Diabetes Care’s Parabolic Rally – Tandem Diabetes Care, Inc. (NASDAQ:TNDM) | Seeking Alpha