8 Medical Devices Stocks to Buy Now

The grades of eight medical devices stocks are on the rise this week on Portfolio Grader. Each of these stocks is rated an “A” (“strong buy”) or “B” overall (“buy”).

Rockwell Medical, Inc.’s (RMTI) grade is moving up to a B (“buy”) this week from last week’s C (“hold”). Rockwell Medical Technologies manufactures hemodialysis concentrate solutions and dialysis kits. In Portfolio Grader’s specific subcategory of Earnings Momentum, RMTI also gets an A. Shares of the stock have been trading at an exceptionally rapid pace, up 468.6% from the week prior. For more information, get Portfolio Grader’s complete analysis of RMTI stock.

This week, Winner Medical Group (WWIN) is showing good progress as the company’s rating jumps from a B (“buy”) last week to an A (“strong buy”). Winner Medical Group engages in the research, development, manufacture, and marketing of cotton-base medical dressings and medical disposables. For more information, get Portfolio Grader’s complete analysis of WWIN stock.

LeMaitre Vascular, Inc. (LMAT) improves from a B to an A rating this week. LeMaitre Vascular manufactures medical devices for vascular surgeons and interventionists. Shares of the stock have been changing hands at an unusually rapid pace, twice the rate of the week prior. For more information, get Portfolio Grader’s complete analysis of LMAT stock.

ERBA Diagnostics, Inc. (ERB) shows solid improvement this week. The company’s rating rises from a B to an A. For more information, get Portfolio Grader’s complete analysis of ERB stock.

IDEXX Laboratories, Inc. (IDXX) earns an A this week, jumping up from last week’s grade of B. Idexx Laboratories provides diagnostic, detection, and information systems for veterinary, food, and water testing applications. Shares of IDXX have increased 14.4% over the past month, better 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 IDXX stock.

EnteroMedics (ETRM) is seeing ratings go up from a C last week to a B this week. EnteroMedics is a development stage medical device company focused on the design and development of devices that use neuroblocking technology to treat obesity and other gastrointestinal disorders. Shares of the stock have been changing hands at an unusually rapid pace, four times the rate of the week prior. For more information, get Portfolio Grader’s complete analysis of ETRM stock.

This is a strong week for Wright Medical Group, Inc. (WMGI). The company’s rating climbs to B from the previous week’s C. Wright Medical Group is a global orthopedic medical device company specializing in the design, manufacture and marketing of devices and biologic products for extremity, hip, and knee repair and reconstruction. The stock’s price of $31.16 is above the 50-day moving average of $30.43. For more information, get Portfolio Grader’s complete analysis of WMGI stock.

This week, Fonar Corporation (FONR) pushes up from a B to an A rating. Fonar designs, develops, manufactures, and sells magnetic resonance imaging scanners for the detection and diagnosis of human disease. Shares of the stock have been changing hands at an unusually rapid pace, up 929.8% from the week prior. For more information, get Portfolio Grader’s complete analysis of FONR 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/2014/02/8-medical-devices-stocks-to-buy-now-rmti-wwin-lmat/.

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