Why OSI Systems Stock Gained 5% This Week
On the back of news that it had been added to a top picks list by a prominent bank, OSI Systems (NASDAQ: OSIS) had a good week on the stock exchange. Over the period, the security hardware manufacturer share price improved by more than 5%, according to data compiled by S&P Global Market Intelligence.
On Wednesday, Bank of America updated its lineup of favorite small-cap stocks, the Endeavor List. The lender swapped out specialty restaurant chain operator Sweetgreen in favor of OSI Systems. At any point, the list consists of 15 to 30 stocks in the category, making it quite the achievement to be named.
It wasn't immediately apparent why Bank of America deemed the company worthy of inclusion. Regardless, OSI Systems could use some positive news these days.
Source Fool.com
