DexCom's Drop Is Your Shot

JHVEPhotoIntroduction Often, when dealing with fast-growing companies trading at what seem to be elevated multiples, I add that the margin of error is small. After all, a high valuation multiple isn't always a bad sign. The problem is that when growth disappoints, investors often quickly apply a lower multiple, leading to poor stock price returns. One of the stocks that fell victim to such a development is DexCom (NASDAQ:DXCM), a stock called a "Wealth Compounder In Healthcare" in the title of my most r ...