Penumbra, Inc. (PEN): A Bull Case Theory 

We came across a bullish thesis on Penumbra, Inc. on stocks subreddit by someroastedbeef. In this article, we will summarize the bulls’ thesis on PEN. Penumbra, Inc.'s share was trading at $357.00 as of January 29th. PEN’s trailing and forward P/E were 85.69 and 69.93 respectively according to Yahoo Finance.

Penumbra (PEN) is a leading medical device company specializing in thrombectomy, where it effectively operates as the market leader with a near-monopoly position. Its proprietary catheter systems and software allow clinicians to distinguish between clot and blood during...