Nano-X (NASDAQ: NNOX) is an unreliable investment that carries a high risk of failure. However, it has tremendous growth potential. Looking at the stock chart for the last 5 days, it may appear that this firm is unworthy of attention; nevertheless, if we look at the chart for the month, we can observe a pretty consistent upward trend, so the price rose to $28.66 for the month.
Nano-X Imaging is a high-risk stock that can pay off handsomely for investors. You could lose all of your Nano-X stock if you invest $10,000 in them. However, it’s also feasible that the stock’s price will increase by a factor of 100. A maker of a new type of X-ray machine is currently valued at a little over $1 billion on the stock market. To achieve the 100-pack goal, the total must rise to $ 100 billion in the future. Is that even possible? Yes, of course.
Using nanotechnology, Nano-X has discovered a terrific technique to manufacture electrons without all the heat. 100 million nanocons on a silicon chip the size of a fingertip power the company’s X-ray equipment. The company’s technology is much smaller and less expensive because it does not require a big quantity of heat to generate the X-ray. The cost savings are enormous, ranging from $ 150,000 for an old cathode lamp to under $ 100 for a Nano-X lamp when mass production begins. This is how the Nano-X can turn you into a millionaire.
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Anthony Gonzales brings 3 years of experience in helping grassroots, mid-sized organizations and large institutions strengthen their management and resource generating capacities and effectively plan for the future. He is also a mentor and professional advisor to artists working in all disciplines. He is the gold medalist from St. Marco University of Science and Technology in the Bachelors of Financial Management as well.