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Shares of Dexcom Rank the Highest in Terms of Relative Performance in the Health Care Equipment Industry (DXCM , GKOS , PODD , DHR , BSX )

By Amy Schwartz

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.

Dexcom (NASDAQ:DXCM ) ranks first with a gain of 2.10%; Glaukos Corp (NYSE:GKOS ) ranks second with a gain of 2.06%; and Insulet Corp (NASDAQ:PODD ) ranks third with a gain of 2.05%.

Danaher Corp (NYSE:DHR ) follows with a gain of 1.38% and Boston Scientifc (NYSE:BSX ) rounds out the top five with a gain of 1.37%.

SmarTrend recommended that subscribers consider buying shares of Boston Scientifc on May 16th, 2019 as our technology indicated a new Uptrend was in progress when shares hit $37.89. Since that recommendation, shares of Boston Scientifc have risen 11.7%. We continue to monitor Boston Scientifc for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: relative performance dexcom glaukos corp insulet corp Danaher Corp boston scientifc