Red Flag Update: LeMaitre Gets Cut; Quick CDW Comment
Proof yet again that in a roaring market, there are plenty of minefields.
▶While all eyes are on AI and data centers, there’s a world of “other” stocks out there that are red-flag worthy…
Among them: med-device maker LeMaitre, which was red-flagged here two weeks ago, with a list of red flags, including the company’s reliance on higher pricing to drive organic growth, which itself is decelerating.
As I wrote in my original report…
It goes without saying that there’s little room for error when the company reports Q2 results, slated for August 4, with this caveat: This historically is the company’s best quarter, and it has a history of pulling earnings-quality levers.
Historically strong or not, even CEO George LeMaitre couldn’t ignore the obvious, starting the call by saying…
We underperformed our Q2 2026 sales guidance…
He went on to cite a few reasons, as the company lowered full-year organic growth guidance across the board.
As it relates to the thesis I had laid out, a few quick points: