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Top 5 Companies in the Health Care Technology Industry with the Best Relative Performance (EVH , TDOC , MDRX , VCRA , VEEV )

By Nick Russo

We looked at the Health Care Technology 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.

Evolent Health-A (NYSE:EVH ) ranks first with a gain of 5.87%; Teladoc Inc (NYSE:TDOC ) ranks second with a gain of 4.98%; and Allscripts Healt (NASDAQ:MDRX ) ranks third with a gain of 4.91%.

Vocera Communica (NYSE:VCRA ) follows with a gain of 4.33% and Veeva Systems-A (NYSE:VEEV ) rounds out the top five with a gain of 1.49%.

SmarTrend recommended that its subscribers protect gains by selling shares of Veeva Systems-A on July 30th, 2019 by issuing a Downtrend alert when the shares were trading at $161.80. Since that call, shares of Veeva Systems-A have fallen 7.5%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.

Keywords: relative performance evolent health-a teladoc inc allscripts healt vocera communica veeva systems-a

Ticker(s): EVH TDOC MDRX VCRA VEEV