Zacks Industry Outlook Highlights: St. Jude Medical, Baxter, Becton Dickinson, Boston Scientific and Haemonetics.
2009-06-11 14:59:03 -
Zacks.com releases the latest Industry Outlook. Today’s interview is with senior analyst Christopher Titus, who talks about the Medical Devices Industry, including St. Jude Medical (NYSE: STJ : cts.businesswire.com/ct/CT?id=smartlink&url=http%3A%2F%2Fwww .. ), Baxter (NYSE: BAX : cts.businesswire.com/ct/CT?id=smartlink&url=http%3A%2F%2Fwww .. ), Becton Dickinson (NYSE: BDX : cts.businesswire.com/ct/CT?id=smartlink&url=http%3A%2F%2Fwww .. ), Boston Scientific (NYSE: BSX : cts.businesswire.com/ct/CT?id=smartlink&url=http%3A%2F%2Fwww .. ) and Haemonetics (NYSE: HAE : cts.businesswire.com/ct/CT?id=smartlink&url=http%3A%2F%2Fwww .. ).
A synopsis of today’s Industry Outlook is presented below. The full article can be read at at.zacks.com/?id=2678 : cts.businesswire.com/ct/CT?id=smartlink&url=http%3A%2F%2Fat. .. .
The medical products industry is very diverse, and some boats sit much higher in low tide than others. Even during recent economic turbulence, many of these names will continue performing well on a financial basis.
Areas within our coverage that should perform well include cardiovascular devices and surgical equipment, blood related products, and associated consumables. The names currently on our BUY list that we believe provide safe vehicles over the coming 12 months include St.
Jude Medical (NYSE: STJ : cts.businesswire.com/ct/CT?id=smartlink&url=http%3A%2F%2Fwww .. ), Baxter (NYSE: BAX : cts.businesswire.com/ct/CT?id=smartlink&url=http%3A%2F%2Fwww .. ), Becton Dickinson (NYSE: BDX : cts.businesswire.com/ct/CT?id=smartlink&url=http%3A%2F%2Fwww .. ), Boston Scientific (NYSE: BSX : cts.businesswire.com/ct/CT?id=smartlink&url=http%3A%2F%2Fwww .. ) and Haemonetics (NYSE: HAE : cts.businesswire.com/ct/CT?id=smartlink&url=http%3A%2F%2Fwww .. ).
We are changing our opinion on medication dispensing, delivery and software to something more positive. Since the Obama Administration passed a health care stimulus package to incent hospitals and practices to modernize their health record keeping, we believe there are many smaller names that will benefit.
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The performance of the Zacks Rank portfolios shown above for annual and year-to-date periods are the linked monthly total returns (price changes + dividends) of equal weighted hypothetical portfolios, consisting of those stocks with the indicated Zacks Rank, assuming monthly rebalancing and zero transaction costs. These are not the returns of actual portfolios. The hypothetical portfolios were created at the beginning of each month from Jan 1988 forward based on the values of the Zacks Rank available to Zacks' clients before the beginning of each month.
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Zacks.comMark Vickery312-265-9380Visit: www.zacks.com : cts.businesswire.com/ct/CT?id=smartlink&url=http%3A%2F%2Fwww ..
