4 Medical Devices Stocks to Sell Now

by Portfolio Grader | September 9, 2013 7:00 pm

The ratings of four 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”).

Globus Medical, Inc. Class A (NYSE:GMED[2]) is on the decline this week, earning a D (“sell”) after receiving a C (“hold”) last week. Globus Medical focuses on the design, development, and commercialization of products that promote healing in patients with spine disorders. In Portfolio Grader’s specific subcategory of Earnings Growth, GMED also gets an F. For a full analysis of GMED stock, visit Portfolio Grader[3].

Given Imaging (NASDAQ:GIVN[4]) earns a D this week, falling from last week’s grade of C. Given Imaging has developed a proprietary wireless imaging system that allows a medical professional to examine the gastrointestinal tract. The stock also gets an F in Earnings Surprise. The stock currently has a trailing PE Ratio of 36.10. For more information, get Portfolio Grader’s complete analysis of GIVN stock[5].

Greatbatch, Inc. (NYSE:GB[6]) earns a D this week, moving down from last week’s grade of C. 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. The stock price has dropped 6.9% over the past month, worse than the 1.7% decrease the S&P 500 has seen over the same period of time. The trailing PE Ratio for the stock is 499.00. For a full analysis of GB stock, visit Portfolio Grader[7].

Tornier NV (NASDAQ:TRNX[8]) earns an F (“strong sell”) this week, moving down from last week’s grade of D (“sell”). Tornier designs and 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[9].

Louis Navellier’s proprietary Portfolio Grader[10] 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[11].

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

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