4 Medical Devices Stocks to Sell Now

by Portfolio Grader | September 30, 2013 12:15 pm

This week, the overall grades of four Medical Devices stocks are lower, 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. The stock has a trailing PE Ratio of 25.50. For more information, get Portfolio Grader’s complete analysis of GMED stock[3].

Given Imaging (NASDAQ:GIVN[4]) is having a tough week. The company’s rating falls from a C to a D. 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 trailing PE Ratio for the stock is 37.50. To get an in-depth look at GIVN, get Portfolio Grader’s complete analysis of GIVN stock[5].

The rating of Greatbatch, Inc. (NYSE:GB[6]) slips 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. The stock’s trailing PE Ratio is 483.30. For more information, get Portfolio Grader’s complete analysis of GB stock[7].

Tornier NV’s (NASDAQ:TRNX[8]) 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. 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 more information, get Portfolio Grader’s complete analysis of GMED stock: 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. To get an in-depth look at GIVN, 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 more information, get Portfolio Grader’s complete analysis of GB stock: 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/

Source URL: http://investorplace.com/2013/09/4-medical-devices-stocks-to-sell-now-gmed-givn-gb-3/
Short URL: http://invstplc.com/1frwWJ5