Wednesday, November 02, 2005

Playing the Boomers: Cutera Shares Pop

Not once, but twice we advised readers to load the boat with shares of Cutera.

On 9/22, and then again on 10/12 we wrote a favorable - albeit eccentric - report on the noninvasive laser surgery company:
The aesthetics market is booming as vanity takes centerstage in America. The worldwide market for laser and light-based hair removal procedures is expected to reach $3.3 billion this year.

Cutera (CUTR) which makes lasers for cosmetic surgery, is one of biggest players sure to benefit from the growing demand for aesthetic reconstruction. Cutera's core products for non-invasive surgery can do everything from remove hair and vascular lesions to reduce wrinkles and redness on the skin. The oldies continue to seek out new and better ways to remain youthful looking.

We believe CUTR is well positioned to expand. People's desire to look better: that's what we're betting on. It's the stock market's version of "The Picture of Dorian Gray" -- we're reiterating our Hold Rating.
Cutera blew away everyone's estimates late Tuesday -- across the board, Cutera's numbers looked healthy, especially for such a young company.

Cutera remains the slam dunk play on Boomer needs.

Don't think so?

Since our bullish call, shares have rocketed from $23 to $33 $35, rewarding mindful readers with a 40% 50% return in just 3 1/2 weeks.

In light of yesterday's conference call, we're upgrading this lightly followed stock from our hold to a buy.

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