Top 5 Companies in the Health Care Equipment Industry With the Highest Future Earnings Growth (ELOS, MSON, CRY, ABMD, CYNO)
Below are the three companies in the Health Care Equipment industry with the highest future earnings growth. The growth of earnings per share (next fiscal year estimated vs. current fiscal year estimated) is important to gauge future profitability and relative value. Higher EPS growth generally justifies higher earnings multiples.
Syneron Medical ranks highest with a future earnings growth of 109.0%. Misonix is next with a future earnings growth of 68.6%. CryoLife ranks third highest with a future earnings growth of 51.9%.
ABIOMED follows with a future earnings growth of 50.1%, and Cynosure rounds out the top five with a future earnings growth of 42.2%.
SmarTrend recommended that subscribers consider buying shares of Cynosure on July 6th, 2016 as our technology indicated a new Uptrend was in progress when shares hit $49.69. Since that recommendation, shares of Cynosure have risen 10.6%. We continue to monitor Cynosure for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.
Keywords: highest future earnings growth syneron medical misonix cryolife abiomed cynosure