OSI Systems: Specialist in Security and Inspection Systems With Record Backlog of Over $1.8 Billion at all-Time High!

OSI Systems (OSIS) is considered a specialist in security and inspection systems with over 100,000 installed products worldwide. It serves a market that, according to Allied Market Research, is projected to grow to $19.2 billion by 2027. The company is also active in the healthcare and optoelectronics sectors. Analysts at B. Riley anticipate a sustained high global demand and have raised the price target to $255 (Buy) after an above-average Q3. The business is generally robust, with a backlog that has been growing at an average rate of 19% per annum...