Here's Why You Should Retain Inogen Stock in Your Portfolio Now
Inogen(INGN) ZACKS·2024-10-18 21:50
Inogen, Inc. (INGN) is well-poised for growth in the coming quarters, courtesy of high prospects in the portable oxygen concentrator (POC) space. The optimism, led by solid first-quarter 2024 performance and a strong product portfolio, seems justified. However, issues like stiff competition and forex volatility are major downsides. The Zacks Rank #3 (Hold) company's shares have risen 68.3% year to date compared with 6.2% growth of the industry. The S&P 500 has increased 22.5% during the same time frame. The ...