Innovative new product launches and acquisition of new technologies appear to be commonalities among major medtech companies enjoying especially robust stock price growth this year.
Despite uncertainties around Brexit, the Chinese economy, and the U.S. presidential election, the overall stock situation has actually been improving for the world’s largest medical device companies. As of June 30, a little more than half had stock prices that were up for the year. When we last checked on March 31, it was only about two-fifths.
Here are the medical device companies with the best-performing stocks year-to-date, as of June 30: