Boeing secures $883 million Army contract for cargo support services
In a remarkable display of market confidence, Pro-Dex (NASDAQ:PDEX) Inc. shares have surged to an all-time high, reaching a price level of $65.87. The company’s financial health score on InvestingPro is rated as "GREAT," with strong revenue growth of 26% and management actively buying back shares. This milestone underscores a period of significant growth for the company, which has seen its stock value skyrocket by an impressive 254.05% over the past year. Investors have rallied behind Pro-Dex, buoyed by the company’s strong performance and potential for continued success in its industry. The ascent to this record price point marks a notable achievement for Pro-Dex and highlights the positive sentiment surrounding the company’s prospects. According to InvestingPro analysis, while the stock shows strong momentum, it appears overvalued at current levels. Subscribers can access 15 additional ProTips and comprehensive valuation metrics to make informed investment decisions.
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