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# Why I Am Passing On BrainsWay And Neuronetics (Archive)
- URL: https://www.huntingalphas.com/bway-stim-why-i-am-passing-on-brainsway-and-neuronetics-archive/
- Published: 2023-02-17T16:46:00.000Z
- Updated: 2026-02-26T15:47:44.000Z
- Description: Passing on deep-value BrainsWay and market-leader Neuronetics for superior Nexstim exposure.
- Author: Vish (Hunting Alphas)
- Tags: 5-Minute Pitches, #noindex, Archive, #sa-origin, BWAY, STIM, Healthcare

*This 5-Minute Pitch was originally published on Seeking Alpha before the launch of the Hunting Alphas website. It is shared here to showcase my previous work and track record. New 5-Minute Pitches published on this site will not be disseminated anywhere else.*

## Elevator Pitch

- I am bullish on the niche industry that uses magnetic stimulation for brain therapies.
- BrainsWay and Neuronetics are US-listed stocks in this niche, however they are highly unprofitable with volatile sales growth.
- BrainsWay is a deep value stock with cash in excess of its enterprise value, but without a catalyst in the horizon to unlock.
- Nexstim is a growth leader and the only profitable player, trading at only a 11% premium to Neuronetics, which is the market leader.
- Overall, whilst I like BrainsWay and Neuronetics, Nexstim is my preferred option to play the magnetic waves.

Read the full article [here](https://seekingalpha.com/article/4579503-passing-on-brainsway-and-neuronetics?ref=huntingalphas.com).

#### Disclosures and Disclaimers

**Past performance ≠ future results. Not investment advice. See* [**full Disclaimer*](https://www.huntingalphas.com/disclaimer/)**.*