3 Medical Devices Stocks to Sell Now

VOLC, XRAY, HNSN slump in weekly rankings

   

This week, the overall grades of three Medical Devices stocks are lower, according to the Portfolio Grader database. Each of these rates a “D” (“sell”) or “F” overall (“strong sell”).

Volcano (NASDAQ:VOLC) is on the decline this week, earning a D (“sell”) after receiving a C (“hold”) last week. Volcano designs, develops, manufactures and commercializes a suite of intravascular ultrasound (IVUS) and functional measurement (FM) products that enhance the diagnosis and treatment of vascular and structural heart disease. VOLC also rates an F in Portfolio Grader’s specific subcategory of Earnings Momentum. The stock’s trailing PE Ratio is 42.7. To get an in-depth look at VOLC, get Portfolio Grader’s complete analysis of VOLC stock.

Slipping from a C to a D rating, Dentsply International (NASDAQ:XRAY) takes a hit this week. Dentsply International designs and manufactures a range of dental products. For more information, get Portfolio Grader’s complete analysis of XRAY stock.

Hansen Medical (NASDAQ:HNSN) earns an F (“strong sell”) this week, moving down from last week’s grade of D (“sell”). Hansen Medical develops and manufactures medical robotics designed for positioning, manipulation, and control of catheters and catheter-based technologies. The stock gets F’s in Earnings Growth, Earnings Momentum, and Equity. Cash Flow and Sales Growth also get F’s. The stock price has fallen 17.9% over the past month, worse than the 7.2% increase the Nasdaq has seen over the same period of time. As of Aug. 27, 16.1% of outstanding Hansen Medical shares were held short. In the past week, the volume of trades plummeted to half the previous rate. For a full analysis of HNSN 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/2012/08/3-medical-devices-stocks-to-sell-now-volc-xray-hnsn/.

©2013 InvestorPlace Media, LLC

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