High growth, ROE and relative strength for NASDAQ:PODD, growth investors may appreciate this.

In this article we will dive into INSULET CORP (NASDAQ:PODD) as a possible candidate for growth investing. Investors should always do their own research, but we noticed INSULET CORP showing up in our CANSLIM growth screen, which makes it worth to investigate a bit more.

What matters for canslim investors.

• The EPS of INSULET CORP has exhibited growth from one quarter to another (Q2Q), with a 26.76% increase. This underscores the company's ability to generate higher earnings and improve its financial standing.
• INSULET CORP has demonstrated strong quarter-to-quarter (Q2Q) revenue growth of 25.7%, reflecting its ability to generate consistent increases in sales. This growth highlights the company's effective market positioning and its potential for continued success.
• The EPS of INSULET CORP has shown consistent growth over a 3-year period, indicating the company's ability to generate increasing earnings over time.
• INSULET CORP showcases a robust Return on Equity (ROE) of 39.59%, indicating its ability to generate favorable returns for shareholders. This metric underscores the company's efficiency in utilizing its equity capital to generate profits.
• INSULET CORP has achieved an impressive Relative Strength (RS) rating of 88.28, showcasing its ability to outperform the broader market. This strong performance positions INSULET CORP as an attractive stock for potential price appreciation.
• With a Debt-to-Equity ratio at 1.36, INSULET CORP showcases its prudent financial management. The company's balanced approach between debt and equity reflects its commitment to maintaining a stable capital structure.
• INSULET CORP demonstrates a balanced ownership structure, with institutional shareholders at 7.16%. This indicates a diverse investor base, which can contribute to price stability and potential future growth.

What is the technical picture of NASDAQ:PODD telling us.

ChartMill assigns a proprietary Technical Rating to each stock. The score is computed daily by evaluating various technical indicators and properties. The score ranges from 0 to 10.

Overall PODD gets a technical rating of 10 out of 10. Both in the recent history as in the last year, PODD has proven to be a steady performer, scoring decent points in every aspect analyzed.

• The long and short term trends are both positive. This is looking good!
• When comparing the yearly performance of all stocks, we notice that PODD is one of the better performing stocks in the market, outperforming 88% of all stocks. On top of that, PODD also shows a nice and consistent pattern of rising prices.
• PODD is part of the Health Care Equipment & Supplies industry. There are 188 other stocks in this industry. PODD outperforms 81% of them.
• PODD is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
• In the last month PODD has a been trading in the 226.50 - 248.55 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.

Our latest full technical report of PODD contains the most current technical analsysis.

What else is there to say on the fundamentals of NASDAQ:PODD?

At ChartMill, a crucial aspect of their analysis is the assignment of a Fundamental Rating to each stock. This rating, ranging from 0 to 10, is calculated daily by considering numerous fundamental indicators and properties.

We assign a fundamental rating of 7 out of 10 to PODD. PODD was compared to 188 industry peers in the Health Care Equipment & Supplies industry. While PODD has a great profitability rating, there are some minor concerns on its financial health. PODD is growing strongly while it is still valued neutral. This is a good combination! This makes PODD very considerable for growth investing!

Our latest full fundamental report of PODD contains the most current fundamental analsysis.

Our CANSLIM screen will find you more ideas suited for growth investing.

Disclaimer

This article should in no way be interpreted as advice. The article is based on the observed metrics at the time of writing, but you should always make your own analysis and trade or invest at your own responsibility.