3 Medical Devices Stocks to Sell Now

by Portfolio Grader | April 22, 2013 9:00 am

The overall ratings of three Medical Devices stocks are down on Portfolio Grader[1] this week. Each of these rates a “D” (“sell”) or “F” overall (“strong sell”).

Given Imaging’s (NASDAQ:GIVN[2]) rating falls to a D (“sell”) this week, down from C (“hold”) the week prior. Given Imaging has developed a proprietary wireless imaging system that allows a medical professional to examine the gastrointestinal tract. For Portfolio Grader’s specific subcategory of Earnings Surprise, GIVN also gets an F. The trailing PE Ratio for the stock is 34.90. For a full analysis of GIVN stock, visit Portfolio Grader[3].

The rating of Greatbatch (NYSE:GB[4]) declines this week from a C to a D. Greatbatch develops and manufactures power sources, feedthroughs, and wet tantalum capacitors used in implantable medical devices. The stock gets F’s in Earnings Growth, Earnings Momentum, and Margin Growth. To get an in-depth look at GB, get Portfolio Grader’s complete analysis of GB stock[5].

Tornier’s (NASDAQ:TRNX[6]) rating falls this week to an F (“strong sell”), down from last week’s D (“sell”). Tornier designs, outsources the manufacture of and markets orthopedic products. The stock gets F’s in Earnings Momentum and Earnings Revisions. The stock price has fallen 8.8% over the past month, worse than the 0.5% decrease the Nasdaq has seen over the same period of time. For more information, get Portfolio Grader’s complete analysis of TRNX stock[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].

Source URL: https://investorplace.com/2013/04/3-medical-devices-stocks-to-sell-now-givn-gb-trnx-9/

---