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Smith & Nephew (SNN) vs. Boston Scientific (BSX): Buy or Sell as These Medical Stocks Gear up for Quarterly Earnings?

The medical devices and equipment industry is primed to make significant strides toward growth this year, a surge propelled by increasing incidences of chronic diseases and the emphasis on early detection and treatment, coupled with leaps in technological development. Given this backdrop, let’s compare medical device stocks Boston Scientific (BSX)…

StockNews.com

3 Growth Stocks From the Medical Sector to Watch

Despite an uncertain macroeconomic environment, the medical sector should remain robust due to inelastic demand. Therefore, investors could consider adding medical stocks Medtronic (MDT), Smith & Nephew (SNN), and Haemonetics (HAE), which look poised to grow, to their watchlists. Keep reading.

StockNews.com

Add This Top Equipment Stock to Your Portfolio for a Strong Week Ahead

Smith & Nephew (SNN) looks poised for steady long-term growth as it focuses on its earlier outlined 12-point growth plan and strengthens its portfolio. With the stock surging in price, it could be worth adding to your portfolio now. Read more to explore the trends of some of its key…

StockNews.com

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Smith & Nephew Posts Q1 Sales Growth As Elective Procedures Rebound

Smith & Nephew PLC (NYSE:SNN) posted Q1 revenue of $1.31 billion, up 3.3% on a reported basis (including -2.6% currency effect) and up 5.9% on an underlying basis. Sports Medicine & ENT revenue up 8.6% underlying. Advanced Wound Management revenue up 8.0% underlying and Orthopedics revenue up 2.6% underlying Established Markets revenue…

Benzinga

5 Resilient Stocks to Buy for a Market Downturn

Yesterday, the broad market indices closed in negative territory on interest-rate-increase concerns. Goldman Sachs has predicted that the S&P might tumble to 3,600 this year if recessionary pressure persists. Non-cyclical stocks usually perform well during economic downturns. So, we believe Cardinal Health (CAH), Brookfield Infrastructure Corp. (BIPC), Smith & Nephew…

StockNews.com

Buy These 5 Defensive Stocks to Protect Your Portfolio from Market Volatility

Defensive stocks are known for exhibiting stability during wild price swings in the market. And growing sanctions on Russia and the unstable nature of crude oil prices may drive further volatility in the market. So, we think it could be wise to bet now on defensive stocks CVS Health (CVS),…

StockNews.com

Trading Near 52-Week Lows: Grab These 5 Undervalued Healthcare Stocks Now

Despite possessing solid long-term growth prospects on the back of rising demand from an aging population, many healthcare stocks have been hard hit by the broader market sell-offs over the past couple of months. But given the near-inelastic demand for healthcare solutions and the industry’s long-term growth prospects, we think…

StockNews.com

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Smith & Nephew Acquires US-Based Partial Knee System Provider Engage Surgical

Smith & Nephew plc (NYSE: SNN) has acquired Engage Surgical, a provider of cementless unicompartmental (partial) knee systems. Engage Surgical is located in Orlando, Florida.

Benzinga

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