
Retractable Technologies (RVP)
Unlike last year’s top pick [Repro Med Systems (KRMD)], Retractable Technologies is a recent addition to the newsletter, named Company of the Month in January 2020. At the time, RVP was trading at $1.48.
Just a couple of months after recommendation, the world and financial markets were shocked by the COVID-19 pandemic, which forced lockdowns, quarantines and stay-at-home orders. While this worldwide event was unforeseen, Retractable Technologies was positioned to and did succeed. As a result, RVP is 2020’s Stock of the Year.
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