This Morning's Technical Outlook on Medical Equipment Stocks -- Boston Scientific, Hologic, Intuitive Surgical, and Invacare

NEW YORK, May 4, 2018 /PRNewswire/ --

If you want a free Stock Review on BSX, HOLX, ISRG, and IVC sign up now at www.wallstequities.com/registration. WallStEquities.com has selected the following Medical Appliances and Equipment stocks for assessment today: Boston Scientific Corp. (NYSE: BSX), Hologic Inc. (NASDAQ: HOLX), Intuitive Surgical Inc. (NASDAQ: ISRG), and Invacare Corp. (NYSE: IVC). These companies operate in the Healthcare sector, which is engaged in manufacturing medical equipment, supplies, and pharmaceuticals, as well as operating healthcare facilities and provision of managed healthcare. All you have to do is sign up today for this free limited time offer by clicking the link below. www.wallstequities.com/registration

Boston Scientific

Massachusetts headquartered Boston Scientific Corp.'s shares gained slightly by 0.55%, closing Thursday's trading session at $29.43. The stock recorded a trading volume of 7.94 million shares, which was above its three months average volume of 7.67 million shares. The Company's shares have advanced 6.09% in the last month, 6.51% over the previous three months, and 11.22% over the past year. The stock is trading 5.51% above its 50-day moving average and 6.75% above its 200-day moving average. Additionally, shares of Boston Scientific, which develops, manufactures, and markets medical devices for use in various interventional medical specialties worldwide, have a Relative Strength Index (RSI) of 60.80. 

On April 26^th, 2018, research firm Needham reiterated its 'Strong Buy' rating on the Company's stock with an increase of the target price from $35 a share to $36 a share.

On April 30^th, 2018, Boston Scientific announced the close of its acquisition of NxThera. The latter developed the Rezūm^® system, a minimally invasive therapy for patients with symptomatic benign prostatic hyperplasia. With the completion of the acquisition, NxThera will become part of the Boston Scientific Urology and Pelvic Health business. Get the full research report on BSX for free by clicking below at: www.wallstequities.com/registration/?symbol=BSX

Hologic

On Thursday, shares in Massachusetts headquartered Hologic Inc. recorded a trading volume of 9.53 million shares, which was above their three months average volume of 2.49 million shares. The stock plummeted 6.89%, ending the day at $36.91. The Company's shares are trading below their 50-day moving average by 3.46%. Furthermore, shares of Hologic, which develops, manufactures, and supplies diagnostics products, medical imaging systems, and surgical products for women in the US, Europe, Asia/Pacific, and internationally, have an RSI of 40.03. 

On May 01^st, 2018, Hologic announced that it will present at the following investor conferences: (i) The Deutsche Bank 43^rd Annual Health Care Conference on May 09^th, 2018, at 8:40 a.m. ET in Boston, Massachusetts; (ii) The Goldman Sachs Third Annual Leveraged Finance Conference on May 10^th, 2018, at 11:20 a.m. PT in Rancho Palos Verdes, California; and (iii) The Bank of America Merrill Lynch 2018 Healthcare Conference on May 15^th, 2018, at 3:00 p.m. PT in Las Vegas, Nevada.

On May 03^rd, 2018, research firm Needham reiterated its 'Buy' rating on the Company's stock with a decrease of the target price from $50 a share to $43 a share. HOLX's complimentary research coverage is a few simple steps away at: www.wallstequities.com/registration/?symbol=HOLX

Intuitive Surgical

California headquartered Intuitive Surgical Inc.'s stock finished the day 0.17% lower at $448.24 with a total trading volume of 804,727 shares. The Company's shares have advanced 11.52% in the last month, 5.24% in the previous three months, and 59.08% over the past year. The stock is trading above its 50-day and 200-day moving averages by 5.04% and 17.16%, respectively. Additionally, shares of Intuitive Surgical, which designs, manufactures, and markets da Vinci surgical systems, and related instruments and accessories, have an RSI of 57.50.

On April 17^th, 2018, Intuitive Surgical announced its financial results for the quarter ended March 31^st, 2018. Revenue for Q1 2018 was $848 million, GAAP income from operations was $277 million, and GAAP net income was $288 million. The Company ended the quarter with $4.1 billion in cash, cash equivalents, and investments, an increase of $222 million during the quarter, primarily driven by cash generated from operations. Register for your free research report on ISRG at: www.wallstequities.com/registration/?symbol=ISRG

Invacare

Shares in Ohio headquartered Invacare Corp. ended yesterday's session 0.27% lower at $18.80. The stock recorded a trading volume of 228,567 shares. The Company's shares have advanced 11.90% in the last month, 4.16% over the previous three months, and 29.66% over the past year. The stock is trading 4.89% and 14.45% above its 50-day and 200-day moving averages, respectively. Moreover, shares of Invacare have an RSI of 58.28. 

On April 18^th, 2018, Invacare announced that it will release its financial results for Q1 ended March 31^st, 2018 after the market closes on May 07^th, 2018. The Company will provide a live conference call and webcast on May 08^th, 2018, at 8:30 a.m. ET to discuss these results. Wall St. Equities' downloadable research report on IVC available at: www.wallstequities.com/registration/?symbol=IVC

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