This is an interesting stock and despite the fears of the recession VMD seems to be starting an up trend and is currently sitting at a higher low with a green hammer.
What's great about this company is that they rent out ventilators for people to use in their homes, so they will play a vital role in reducing hospitalization during this pandemic ,so I believe this has the potential to go up much further as their services will be heavily relied upon, especially when growing numbers of cases of covid-19 will continue to rise.
Moreover with the feds pumping a ton of money into the system to slow down the market drop, this should serve to benefit VMD. I'm unsure of what target this has but I believe it can at least go above 7.5 in the near future.
What's great about this company is that they rent out ventilators for people to use in their homes, so they will play a vital role in reducing hospitalization during this pandemic ,so I believe this has the potential to go up much further as their services will be heavily relied upon, especially when growing numbers of cases of covid-19 will continue to rise.
Moreover with the feds pumping a ton of money into the system to slow down the market drop, this should serve to benefit VMD. I'm unsure of what target this has but I believe it can at least go above 7.5 in the near future.