From the first moment it came to my attention, I've been as consistent as I have been emphatic – EKSO Bionics Holdings Inc. (OTCBB: EKSO) is a "buy" despite volatility and price drift in recent months that have given many investors pause. There are two reasons why:
1. It's entirely normal for a company Ekso's size.
2. The company has continued to expand market share that will ultimately translate into higher earnings and share price.
Now there's a third.
If you don't get into the stock now, you could lose the "first mover" advantage that you've had so far. Worse, you could miss out on another double – Ekso's second since I recommended it.
You see, EKSO's just hit a landmark that tells me the incredible growth potential we've had to ourselves won't be a secret for much longer.
Analysts Couldn't Ignore This Earnings Report
Once you've learned how to do it correctly (like we're doing together), evaluating a company for investment potential isn't rocket science. There are usually any number of things that point to a bright future including savvy management, a clear vision, an awesome product, conservative positioning, and consistency.
Really taking things to the next level, though, requires something else – fabulous earnings. That's because they're the ultimate litmus test when it comes to potential.
Take EKSO's latest quarterly earnings report, for example. The company announced on March 17 that total revenue for the fourth quarter of 2014 was $1.5 million, up 87.5% from the $0.8 million achieved in Q4/2013.
For most small companies, this is usually a one-and-done phenomenon, meaning that they have great numbers for a quarter or two and only in one segment of the business. They try to be all things to all people, so they wind up overextending and, more often than not, falling apart, taking their investors to the poor house.
The real winners, though, usually have great specificity and a narrow product/market concentration. So you see those gains translate into a broad base at every level of operations. This is where EKSO stands out…
About the Author
Keith Fitz-Gerald has been the Chief Investment Strategist for the Money Morning team since 2007. He's a seasoned market analyst with decades of experience, and a highly accurate track record. Keith regularly travels the world in search of investment opportunities others don't yet see or understand. In addition to heading The Money Map Report, Keith runs High Velocity Profits, which aims to get in, target gains, and get out clean, and he's also the founding editor of Straight Line Profits, a service devoted to revealing the "dark side" of Wall Street... In his weekly Total Wealth, Keith has broken down his 30-plus years of success into three parts: Trends, Risk Assessment, and Tactics – meaning the exact techniques for making money. Sign up is free at totalwealthresearch.com.