3 Medical Devices Stocks to Sell Now

BSX, VIVO, XRAY slump in weekly rankings

   

The overall ratings of three Medical Devices stocks are down on Portfolio Grader this week. Each of these rates a “D” (“sell”) or “F” overall (“strong sell”).

Boston Scientific‘s (NYSE:BSX) rating falls this week to an F (“strong sell”), down from last week’s D (“sell”) last week. Boston Scientific is a developer, manufacturer and marketer of medical devices that are used in a range of interventional medical specialties. BSX also rates an F in Portfolio Grader’s specific subcategory of Earnings Momentum. The stock price has dropped 6% over the past month, worse than 2% increase the S&P 500 has seen over the same period of time. To get an in-depth look at BSX, get Portfolio Grader’s complete analysis of BSX stock.

Meridian Bioscience (NASDAQ:VIVO) is on the decline this week, earning a D (“sell”) after receiving a C (“hold”) last week. Meridian Bioscience manufactures diagnostic test kits, bulk antigens, antibodies and bioresearch reagents used by researchers and other diagnostic manufacturers. Share prices fell 14.1% over the past month. As of July 30, 14.3% of outstanding Meridian Bioscience shares were held short. For more information, get Portfolio Grader’s complete analysis of VIVO stock.

The rating of Dentsply International (NASDAQ:XRAY) slips from a C to a D. Dentsply International designs and manufactures a range of dental products. For a full analysis of XRAY stock, visit Portfolio Grader.

Louis Navellier’s proprietary Portfolio Grader stock ranking system assesses roughly 5,000 companies every week based on a number of fundamental and quantitative measures. Stocks are given a letter grade based on their results — with A being “strong buy,” and F being “strong sell.” Explore the tool here.


Article printed from InvestorPlace Media, http://investorplace.com/2012/07/3-medical-devices-stocks-to-sell-now-bsx-vivo-xray/.

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