INSULET CORP (NASDAQ:PODD) – A Strong Growth Stock Meeting Minervini’s Trend Template

INSULET CORP (NASDAQ:PODD) has been identified as a high-growth momentum stock that aligns with Mark Minervini’s Trend Template criteria. The company, a leader in insulin delivery systems, demonstrates strong technical and fundamental characteristics, making it a candidate for growth-focused investors.

Why PODD Fits the Minervini Trend Template

Minervini’s strategy focuses on stocks in strong uptrends with high relative strength. PODD meets these criteria:

• Price Above Key Moving Averages:

  • Current price ($325.84) is well above the 50-day ($265.15), 150-day ($264.14), and 200-day ($251.44) moving averages.
  • The 200-day MA is trending upward, confirming long-term strength.

• Relative Strength:

  • PODD has a relative strength ranking of 95.57, outperforming 95% of the market.

• 52-Week High Proximity:

  • Trading near its 52-week high ($326.50), indicating strong momentum.
  • The stock is 89% above its 52-week low, reinforcing its recovery and growth trajectory.

High Growth Fundamentals

PODD’s financial performance supports its growth potential:

• Revenue Growth:

  • Quarterly revenue growth (YoY): 28.8%
  • Annual revenue growth (TTM): 23.5%

• Earnings Expansion:

  • Quarterly EPS growth (YoY): 38.4%
  • Annual EPS growth (TTM): 12.1%

• Profitability Improvements:

  • Profit margin (latest quarter): 6.2% (with recent quarters showing stronger margins).
  • Free cash flow growth (YoY): 719.9%, reflecting strong operational efficiency.

• Analyst Confidence:

  • EPS and revenue estimates for next year have been revised upward by 11% over the past three months.

Technical Analysis Summary

According to ChartMill’s technical report, PODD has a perfect technical rating of 10, supported by:

• Strong short and long-term uptrends.
• Consistent outperformance against sector peers (top 7% in Health Care Equipment).
• Multiple support levels between $229 and $267, providing downside protection.

While the setup rating is currently 3 due to recent volatility, the stock’s technical strength suggests potential for further upside upon consolidation.

For a deeper analysis, review the full technical report on PODD.

Our High Growth Momentum + Trend Template screener lists more stocks with similar growth and trend characteristics.

Disclaimer

This is not investment advice. Always conduct your own research and consider risk management before making investment decisions.