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Tandem Diabetes Care: Recent Rally Fully Deserved, Likely More Upside Here
TNDMTandem Diabetes Care(TNDM) seekingalpha.com·2024-05-29 11:04

Keith Lance Investment Overview I last covered Tandem Diabetes Care (NASDAQ:TNDM) in a note for Seeking Alpha back in November 2020, when the automated insulin pump solutions provider's stock price traded at ~115.Igavethestocka"Buy"recommendation,whichinitiallyprovedtobetherightcall,as12monthson,ithadreachedahighof115. I gave the stock a "Buy" recommendation, which initially proved to be the right call, as 12 months on, it had reached a high of 150 per share. In 2020, Tandem delivered revenues of 499m,andanoperatinglossof499m, and an operating loss of (8m). In 2021, revenues grew to 703m,andasmalloperatingprofitof703m, and a small operating profit of 23m was ac ...