3 Medical Devices Stocks to Sell Now

by Portfolio Grader | December 17, 2012 12:01 pm

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”).

Hansen Medical’s (NASDAQ:HNSN[2]) rating falls to a D (“sell”) this week, down from C (“hold”) the week prior. Hansen Medical develops and manufactures medical robotics designed for positioning, manipulation, and control of catheters and catheter-based technologies. In Portfolio Grader’s specific subcategories of Equity and Cash Flow, HNSN also gets F’s. As of Dec. 17, 2012, 16.2% of outstanding Hansen Medical shares were held short. To get an in-depth look at HNSN, get Portfolio Grader’s complete analysis of HNSN stock[3].

This week, Merit Medical Systems (NASDAQ:MMSI[4]) drops from C to a D rating. Merit Medical Systems is engaged in the development, manufacture, and marketing of disposable medical products that are used primarily in diagnostic and interventional cardiology and radiology procedures. For more information, get Portfolio Grader’s complete analysis of MMSI stock[5].

This is a rough week for Palomar Medical Technologies (NASDAQ:PMTI[6]). The company’s rating falls to D from the previous week’s C. Palomar Medical Technologies develops and supplies proprietary laser systems for hair removal and other cosmetic laser treatments. The stock receives F’s in Earnings Growth, Earnings Momentum, and Earnings Revisions. Equity and Margin Growth also get F’s. For a full analysis of PMTI stock, visit Portfolio Grader[7].

Louis Navellier’s proprietary Portfolio Grader[8] 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[9].

Endnotes:
  1. Portfolio Grader: http://navelliergrowth.investorplace.com/portfolio-grader/
  2. HNSN: http://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=HNSN
  3. To get an in-depth look at HNSN, get Portfolio Grader’s complete analysis of HNSN stock: http://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=HNSN
  4. MMSI: http://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=MMSI
  5. For more information, get Portfolio Grader’s complete analysis of MMSI stock: http://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=MMSI
  6. PMTI: http://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=PMTI
  7. For a full analysis of PMTI stock, visit Portfolio Grader: http://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=PMTI
  8. Portfolio Grader: http://navelliergrowth.investorplace.com/portfolio-grader/
  9. here: http://navelliergrowth.investorplace.com/portfolio-grader/

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