Dexcom (DXCM) in Franklin Small-Mid Cap Growth Fund Q2 2024

Advancing Diabetes Management with Cutting-Edge Technology

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Apr 15, 2025
Summary
  • Investment rationale: Leader in continuous glucose monitoring (CGM) systems.
  • Market positioning: Strong brand recognition and technological leadership.
  • Risks and challenges: Regulatory hurdles and competitive pressures.
  • Recent performance: Growth driven by increasing adoption of CGM technology.
  • Future outlook: Expansion into new markets and product innovations.

Dexcom (DXCM, Financial) was highlighted in the Franklin Small-Mid Cap Growth Fund's Q2 2024 commentary for its leadership in diabetes management technology. The fund managers emphasized the company's role in transforming diabetes care through its continuous glucose monitoring systems.

"Dexcom's innovative CGM technology continues to gain traction, offering significant benefits to diabetes patients and driving strong growth." — Franklin Small-Mid Cap Growth Fund, Q2 2024 Fund Letter

Read full letter at gurufocus franklin small mid cap growth fund q2 2024 commentary 2024 Q2 page.