3 Medical Technology Stocks to Sell Now

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

MedAssets, Inc.,’s (MDAS) rating falls to a D (“sell”) this week, down from C (“hold”) the week prior. MedAssets provides technology-enabled products and services for hospitals and health systems. In Portfolio Grader’s specific subcategories of Earnings Momentum and Earnings Revisions, MDAS also gets F’s. Shares of the stock are changing hands at twice the rate they were a week ago. For more information, get Portfolio Grader’s complete analysis of MDAS stock.

Computer Programs and Systems, Inc.’s (CPSI) rating falls this week to an F (“strong sell”), down from last week’s D (“sell”). Computer Programs and Systems is a healthcare information technology company that designs, develops, markets, installs, and supports computerized information technology systems for small and midsize hospitals. The stock gets F’s in Earnings Revisions and Earnings Surprise. As of July 22, 2015, 16.3% of outstanding Computer Programs and Systems, Inc. shares were held short. To get an in-depth look at CPSI, get Portfolio Grader’s complete analysis of CPSI stock.

athenahealth, Inc. (ATHN) earns an F this week, moving down from last week’s grade of D. Athenahealth provides ongoing billing, clinical-related, and other related services to medical group practices primarily in the United States. The stock also rates an F in Margin Growth. As of July 22, 2015, 30.4% of outstanding athenahealth, Inc. shares were held short. For more information, get Portfolio Grader’s complete analysis of ATHN 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/2015/07/3-medical-technology-stocks-to-sell-now-mdas-cpsi-athn-21/.

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