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Best Relative Performance in the Health Care Equipment Industry Detected in Shares of Wright Medical G (WMGI , SYK , EW , PODD , GNMK )

By Shiri Gupta

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.

Wright Medical G (NASDAQ:WMGI ) ranks first with a gain of 4.46%; Stryker Corp (NYSE:SYK ) ranks second with a gain of 2.50%; and Edwards Life (NYSE:EW ) ranks third with a gain of 2.33%.

Insulet Corp (NASDAQ:PODD ) follows with a gain of 1.97% and Genmark Diagnost (NASDAQ:GNMK ) rounds out the top five with a gain of 1.26%.

SmarTrend recommended that subscribers consider buying shares of Genmark Diagnost on January 9th, 2018 as our technology indicated a new Uptrend was in progress when shares hit $5.42. Since that recommendation, shares of Genmark Diagnost have risen 31.7%. We continue to monitor Genmark Diagnost for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: relative performance wright medical g Stryker Corp edwards life insulet corp genmark diagnost