3 Medical Devices Stocks to Sell Now

by Portfolio Grader | October 8, 2012 2:35 pm

3 Medical Devices Stocks to Sell Now

This week, the overall grades of three Medical Devices stocks are lower, according to the Portfolio Grader[1] database. Each of these rates a “D” (“sell”) or “F” overall (“strong sell”).

This week, Varian Medical Systems (NYSE:VAR[2]) 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[3].

Quidel Corp. (NASDAQ:QDEL[4]) 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[5].

Unilife (NASDAQ:UNIS[6]) 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[7].

Louis Navellier’s proprietary Portfolio Grader[1] 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[8].

Endnotes:
  1. Portfolio Grader: http://navelliergrowth.investorplace.com/portfolio-grader/
  2. VAR: http://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=VAR
  3. For more information, get Portfolio Grader’s complete analysis of VAR stock: http://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=VAR
  4. QDEL: http://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=QDEL
  5. For a full analysis of QDEL stock, visit Portfolio Grader: http://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=QDEL
  6. UNIS: http://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=UNIS
  7. For more information, get Portfolio Grader’s complete analysis of UNIS stock: http://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=UNIS
  8. here: http://navelliergrowth.investorplace.com/portfolio-grader/

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