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Best Relative Performance in the Health Care Equipment Industry Detected in Shares of Edwards Life (EW , GMED , ABMD , IDXX , DXCM )

By Amy Schwartz

Below are the top five companies in the Health Care Equipment industry as measured by relative performance. This analysis was compiled based on yesterday's trading activity as we search for stocks that have the potential to outperform.

Edwards Life (NYSE:EW ) ranks first with a gain of 3.80%; Globus Medical I (NYSE:GMED ) ranks second with a gain of 3.08%; and Abiomed Inc (NASDAQ:ABMD ) ranks third with a gain of 1.77%.

Idexx Labs (NASDAQ:IDXX ) follows with a gain of 1.47% and Dexcom (NASDAQ:DXCM ) rounds out the top five with a gain of 1.22%.

SmarTrend recommended that its subscribers protect gains by selling shares of Idexx Labs on October 4th, 2018 by issuing a Downtrend alert when the shares were trading at $234.01. Since that call, shares of Idexx Labs have fallen 15.9%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.

Keywords: relative performance edwards life globus medical i abiomed inc idexx labs dexcom