iCAD has been woefully undervalued over the past several years. The CAD market was nearing full penetration and it seemed a lot of investors lost faith in the future potential of the company, especially given all the red ink. Leadership made wise investments in the Xoft acquistion and their new suite of detection solutions and, when coupled with their disciplined financial management, it looks like the investments are going to finally pay off. The favorable CMS decision for IORT and increased awareness/adoption of all of their solutions is going to propel the Company toward profitability soon and I think people are becoming aware of iCAD's potential.
Sentiment: Strong Buy