3 Top Med-Tech Stocks You Can Buy Right Now
How much will the medical technology (med-tech) industry grow in the coming years? According to market research firm Evaluate, med-tech is on track to grow by 5.1% annually by 2022. That might not sound overly impressive, but that rate only narrowly trails the projected 5.2% annual growth of the global prescription-drug market.
And that growth projection from Evaluate is only the average for the med-tech industry. Several med-tech stocks are poised for much faster growth, with Edwards Lifesciences (NYSE: EW), General Electric (NYSE: GE), and Intuitive Surgical (NASDAQ: ISRG) among the large-cap stocks leading the way. Here's why these are three top med-tech stocks you can buy right now.
Source: Fool.com
General Electric Co. Stock
With 35 Buy predictions and not a single Sell prediction General Electric Co. is an absolute favorite of our community.
With a target price of 162 € there is a slightly positive potential of 9.46% for General Electric Co. compared to the current price of 148.0 €.