3 Medical Devices Stocks to Sell Now

VAR, QDEL, UNIS slump in weekly rankings

   
3 Medical Devices Stocks to Sell Now

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”).

This week, Varian Medical Systems (NYSE:VAR) falls to a D (“sell”), worse than last week’s grade of C (“hold”). Varian Medical Systems manufactures and sells equipment and software products for treating cancer with radiotherapy and radiosurgery. For more information, get Portfolio Grader’s complete analysis of VAR stock.

Quidel Corp. (NASDAQ:QDEL) earns a D this week, moving down from last week’s grade of C. Quidel discovers, develops, manufactures, and markets rapid diagnostic products for point-of-care detection of human medical conditions and illnesses. The stock gets F’s in Earnings Revisions and Margin Growth. As of Oct. 8, 2012, 15.7% of outstanding Quidel Corp. shares were held short. For a full analysis of QDEL stock, visit Portfolio Grader.

Unilife (NASDAQ:UNIS) ratings are on the decline this week as the company earns a F (“strong sell”). Last week, it received a D (“sell”). Unilife Medical Solutions specializes in the design, development and supply of safety medical devices. The stock gets F’s in Equity and Cash Flow. The stock price has fallen 7.9% over the past month, worse than the Nasdaq, which has increased 2.2% over the same period of time. As of Oct. 8, 2012, 11.6% of outstanding Unilife shares were held short. For more information, get Portfolio Grader’s complete analysis of UNIS stock.

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/2012/10/3-medical-devices-stocks-to-sell-now-var-qdel-unis/.

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