Top Stock to Buy #4 – Conceptus Inc. (CPTS)
Small-cap medical equipment and supply company, Conceptus Inc. (NASDAQ:CPTS), focuses on women’s health care. Its well-known product, Essure, is a permanent birth-control procedure with a non-surgical insert. In 2011, approximately 600,000 women underwent the Essure procedure.
Q4 2012 earnings of $0.17 beat estimates of 13 analysts covering the company by 49%. The stock is among the top 100 recommended by Thomson/First Call.
Technically, CPTS is trading within a gradually increasing bull channel with a low under $21 and a high at over $24. This small-cap is long-term buy that could produce excellent results. The buy under price is $21.50.