This week, the overall grades of three medical technology stocks are lower, according to the Portfolio Grader database. Each of these rates a “D” (“sell”) or “F” overall (“strong sell”).
This week, MedAssets, Inc., (MDAS) falls to a D (“sell”), worse than last week’s grade of C (“hold”). 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. To get an in-depth look at MDAS, 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 Sept. 4, 2015, 17.6% of outstanding Computer Programs and Systems, Inc. shares were held short. For more information, get Portfolio Grader’s complete analysis of CPSI stock.
Slipping from a D to an F rating, athenahealth, Inc. (ATHN) takes a hit this week. Athenahealth provides ongoing billing, clinical-related, and other related services to medical group practices primarily in the United States. The stock also gets an F in Margin Growth. As of Sept. 4, 2015, 30.8% of outstanding athenahealth, Inc. shares were held short. The trailing PE Ratio for the stock is 659.80. To get an in-depth look at ATHN, 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.