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wfm

Wednesday, March 27, 2019

Psychemedics Corporation (NASDAQ: PMD)


  • Psychemedics shares dropped substantially after its future revenues from Brazil were put into doubt.
  • The company offers a superior method for drug testing that could still see substantial growth as more corporations learn of the benefits.
  • The company, with 68% of revenues coming from the U.S., has limited international exposure outside of Brazil, which leaves plenty of room to expand globally.
  • Weighing the risks and growth potential, along with the current depressed valuation, resulted in the company being added to our speculative buy list.

Read the Full SeekingAlpha Article HERE

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