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Best Relative Performance in the Health Care Equipment Industry Detected in Shares of Tandem Diabetes (TNDM, INGN , PODD , BDX , DXCM )

By Nick Russo

We looked at the Health Care Equipment industry and measured relative performance to find the top stocks. Relative outperformance is a bullish sign of underlying fundamental and technical strength. We look at yesterday's price action of all companies in this peer group.

Tandem Diabetes (NASDAQ:TNDM) ranks first with a gain of 7.51%; Inogen Inc (NASDAQ:INGN ) ranks second with a gain of 3.30%; and Insulet Corp (NASDAQ:PODD ) ranks third with a gain of 0.79%.

Becton Dickinson (NYSE:BDX ) follows with a gain of 0.71% and Dexcom (NASDAQ:DXCM ) rounds out the top five with a gain of 0.69%.

SmarTrend recommended that subscribers consider buying shares of Dexcom on August 8th, 2019 as our technology indicated a new Uptrend was in progress when shares hit $152.30. Since that recommendation, shares of Dexcom have risen 13.7%. We continue to monitor Dexcom for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: relative performance tandem diabetes inogen inc insulet corp becton dickinson dexcom