FONAR Corporation (FONR): A Bull Case Theory

We came across a bullish thesis on FONAR Corporation (FONR) on Substack by Mark Perkins. In this article, we will summarize the bulls’ thesis on FONR. FONAR Corporation (FONR)'s share was trading at $13.98 as of March 17^th. FONR’s trailing P/E was 12.25 according to Yahoo Finance.

[caption id="attachment_1217857" align="aligncenter" width="768"] An MRI scanner being used to diagnose primary mitochondrial myopathies in a clinical setting.[/caption]

Fonar Corporation (FONR), based in Melville, New York, has a long history of innovation in medical imaging. As the creator of the...