Nano Dimension: A Buy In The Light Of Recent Events
Summary
- Nano Dimension appears to be undervalued given its tangible book value, which greatly exceeds its market cap.
- The company is still on track to increase its revenue tenfold between 2020 and 2022, in just 2 years.
- A buyback program was recently approved, which could significantly increase the Nano Dimension Ltd. share price.
- While Nano Dimension has returned over 55% in the last 3 months, following our last buy rating, we believe there is much more growth ahead.
Analyst’s Disclosure: I/we have a beneficial long position in the shares of NNDM either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.
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