Better Healthcare Stock for the Next 10 Years: Butterfly Network vs. Shockwave Medical
Shockwave Medical (NASDAQ: SWAV) and Butterfly Network (NYSE: BFLY) are medical technology companies on the bleeding edge, improving the way healthcare is provided every day. While both are guiding for over 55% revenue growth year over year, Shockwave is down 2% since the start of 2021, while Butterfly is down nearly 24%.
Shockwave utilizes -- you guessed it -- shockwaves -- to break up calcium deposits inside blood vessels throughout the body with its device and catheters. This procedure, dubbed intravascular lithotripsy, enables the size of blood vessels to be expanded beyond current treatments which, in theory, enables better outcomes. The company's catchphrase is, "We crack calcium." Butterfly makes a handheld ultrasound machine that plugs into your smartphone, and costs a fraction of the price of regular ultrasound machines. The company enjoys a following among their users that is strikingly similar to fans of Apple or Tesla. So which is the better buy now?
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Source Fool.com
