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Orthopedic device makers back in play
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04.06.07Views:
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After limping through most of 2006, companes that make devices to repair arthritic hips and damaged knkees have found their stride. Last summer,shares of industry giants Stryker, Zimmer, and Biomet hit their lowest prices since 2003 amid government probes, Medicare concerns and weaker pricing. Since then, the orthopedic-device sector has recovered.Piper Jaffray analyst says,"They are growing revenues faster than the rest of the market and they have siginificant opportunity to improve margins. Investors should keep in mind that the industry giants in terms of market share are Stryker,Zimmer, and Biomet.The long term outlook for orthopedic device makers is very positive according the American Academy of Orthopaedic Surgeons as the continue to see new technologies making it possible for people living longer and maintaining active lifestyles- Barron's
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hey divy hero.....give us a peak....what's currently in your portfolio?
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05.25.12 | 09:11 PM asked by Michael Morse
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