St. Jude Medical, Inc. (STJ)
Develops, manufactures and distributes cardiovascular medical devices for the cardiac rhythm management, cardiac surgery, cardiology, and atrial fibrillation therapy areas and implantable neuromodulation devices for the management of chronic pain.
Recs
I'm on the edge for this one!! There is always two sides to every story. On one hand, everyone needs medical services and as we all know, our waistlines are growing along with health risks involved. The more need for healthcare, the more you will go to the doctor. On the other hand of this, medical care is at an all time low. It's hard to go to the doctor if you don't have the money or insurance to do so. More and more people just "deal with it" to avoid heavy costs associated with medical care.
Recs
Good company. Lousy economy. Wait for the presidential election to be overwith. Barring terrorist attack, the medical tech stocks will get a honeymoon of sorts.
Recs
Soft spot for St Jude
Recs
1. Make profit
2. Target market: the heart issue sufferers, profitable
3. field saturated with competitors that see the exact same thing
As with anpi, on bad device could spoil the pot.
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ICD market that SJM relies heavily on is stagnet.
Recs
It will be aquired

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