Industry News

Intuitive Surgical (ISRG) Expects Strong Revenues in Q4

2017-01-13 zacks
Leading provider of robotic-assisted surgery, Intuitive Surgical, Inc. (ISRG - Free Report) announced that it expects fourth-quarter 2016 revenues of approximately $757 million, reflecting an increase of approximately 12% from $677 million in the fourth quarter of 2015. The upside will come primarily from da Vinci procedure growth. Over the past one year, Intuitive Surgical registered a return of almost 21.

Research Reports Coverage on Medical Equipment Stocks -- Wright Medical, Varian Medical Systems, MiMedx, and NuVasive

2017-01-13 prnewswire
Stock-Callers is currently reviewing the following Medical Appliances and Equipment equities: Wright Medical Group N.V. (NASDAQ: WMGI), Varian Medical Systems Inc. (NYSE: VAR), MiMedx Group Inc. (NASDAQ: MDXG), and NuVasive Inc. (NASDAQ: NUVA). These companies belong to the Healthcare sector which fell back to a negative finish on Thursday, January 12th, 2017, with the NYSE Health Care Index falling about 0.

Boost Your Portfolio by Betting on Stocks with Rising P/E

2017-01-13 zacks
Betting on bargain stocks that have a low price-to-earnings (P/E) ratio is a convenient and common investment approach. The perception is that the lower the P/E, the higher is the value of the stock.  This inference is drawn on the simple logic that a stock’s current market price does not justify (is not equivalent to) its higher earnings and therefore has room to run.

ResMed (RMD) Q2 Earnings: Disappointment in the Cards?

2017-01-13 zacks
ResMed Inc. (RMD - Free Report) is slated to report second-quarter fiscal 2017 results, after market close on Jan 23.