3 Medical Devices Stocks to Sell Now

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This week, the ratings of three medical devices stocks on Portfolio Grader are down. Each of these rates a “D” (“sell”) or “F” overall (“strong sell”).

This week, Given Imaging (GIVN) 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. GIVN also rates an F in Portfolio Grader’s specific subcategory of Earnings Surprise. The stock has a trailing PE Ratio of 45.40. For more information, get Portfolio Grader’s complete analysis of GIVN stock.

Greatbatch, Inc. (GB) 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’s trailing PE Ratio is 49.40. For a full analysis of GB stock, visit Portfolio Grader.

Tornier NV’s (TRNX) 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 16.1% over the past month, worse than the 1.3% decrease the Nasdaq has seen over the same period of time. For more information, get Portfolio Grader’s complete analysis of TRNX stock.

Louis Navellier’s proprietary Portfolio Grader 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.


Article printed from InvestorPlace Media, https://investorplace.com/2013/12/3-medical-devices-stocks-to-sell-now-givn-gb-trnx-37/.

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