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Shares of Genmark Diagnost Rank the Highest in Terms of Relative Performance in the Health Care Equipment Industry (GNMK , GKOS , NUVA , ISRG , WMGI )

By David Diaz

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.

Genmark Diagnost (NASDAQ:GNMK ) ranks first with a gain of 5.15%; Glaukos Corp (NYSE:GKOS ) ranks second with a gain of 4.94%; and Nuvasive Inc (NASDAQ:NUVA ) ranks third with a gain of 4.15%.

Intuitive Surgic (NASDAQ:ISRG ) follows with a gain of 4.09% and Wright Medical G (NASDAQ:WMGI ) rounds out the top five with a gain of 3.78%.

SmarTrend recommended that its subscribers protect gains by selling shares of Wright Medical G on August 8th, 2019 by issuing a Downtrend alert when the shares were trading at $24.67. Since that call, shares of Wright Medical G have fallen 18.5%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.

Keywords: relative performance genmark diagnost glaukos corp nuvasive inc intuitive surgic wright medical g