Buy Alert: The Joint Corp. Stock Is Headed Higher
The Joint Corp. (NASDAQ: JYNT) is a small-cap stock that has been on an absolute tear, skyrocketing 114% over the past year. As a U.S. franchisor of low-cost chiropractic clinics, the company has succeeded by applying an innovative business model that's new to the industry.
With revenue in the most recent quarter (ended Sept. 30) up 21% from the prior-year period, this business is exhibiting strong growth in what has been a very volatile economic environment. I think that the The Joint's market cap of $487 million could run much higher -- and do it quickly -- if the company keeps executing on its ambitious expansion plans.
Image source: Getty Images.
Source Fool.com