Undervalued NASDAQ Stocks Poised for Growth – $R
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The ultimate aim of any investors is to find value in the market so that they can make significant profits in the long term. There are many stocks in the market that may be undervalued since the wider market may not have realized the potential of those companies. Hence, those stocks present a major opportunity to investors. Here is a quick look at some NASDAQ-listed undervalued stocks that could be on the verge of growth.
Ra Medical Systems Inc (NASDAQ: RMED) – The company announced on June 28 that its subsidiary Catheter Precision had submitted the data necessary for determining the CE marking of its LockeT product to the European Notified Body. David Jenkins, the interim Chief Executive Officer, noted that it was a significant development for the company.
He went on to note that everyone at the company was excited about the prospects of the product not only in the United States but also at an international level. The CE Mark is expected in the third quarter and then the European market would be open.