3 Medical Devices Stocks to Sell Now

by Portfolio Grader | June 24, 2013 2:15 pm

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

This week, Given Imaging (NASDAQ:GIVN[2]) falls to a D (“sell”), worse than last week’s grade of C (“hold”). Given Imaging has developed a proprietary wireless imaging system that allows a medical professional to examine the gastrointestinal tract. In Portfolio Grader’s specific subcategory of Earnings Surprise, GIVN also gets an F. The stock price has dropped 7.4% over the past month, worse than the 1.3% decrease the Nasdaq has seen over the same period of time. The trailing PE Ratio for the stock is 30.40. For a full analysis of GIVN stock, visit Portfolio Grader[3].

Greatbatch (NYSE:GB[4]) is having a tough week. The company’s rating falls 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. For more information, get Portfolio Grader’s complete analysis of GB stock[5].

Tornier (NASDAQ:TRNX[6]) earns an F (“strong sell”) this week, moving down from last week’s grade of D (“sell”). Tornier designs, outsources the manufacture of and markets orthopedic products. The stock gets F’s in Earnings Momentum and Earnings Revisions. To get an in-depth look at TRNX, 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].

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

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