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Is NuVasive Stock a Buy?

TheMotleyFool

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Medical device makers have been hard hit over the past month or so, with many well-known companies seeing their share prices fall significantly because of the ongoing COVID-19 pandemic. Otherwise healthy, well-established businesses are trading at steep discounts because of these recent declines.

As such, investors looking for good deals have plenty of options to choose from right now. NuVasive (NASDAQ: NUVA), a world leader in spinal surgery medical devices, has seen its share prices tumble by about 35% over the past month and a half. Does that make this stock a buy, or are there better companies out there to look for?

Image source: Getty Images.

Source Fool.com

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