HR_D

HOLX - Good entry based on future expectations

Long
NASDAQ:HOLX   Hologic, Inc
HOLX is company that has gone through a good 2020 FY with Gross Margins, EBITDA and Cash Flow from operations growing materially. In the last quarter (Q1'21 for HOLX given that FY ends on SEP'20), EPS increased strongly (+369%) coupled with strong sales increase (+89%). This sets a good tone for the rest of the FY'21. The company is also growing through a set of diversified acquisitions. The current PE ratio is also attractive. The recent market shake-off could be a good entry point, in case no further heavy market stress is experienced in the short-term.
Trade closed: stop reached: Trade was closed at stop. HOLX missed Quarter targets. Keeping it under the radar.