Lots in the shuffle of heinous, multi-year laggard BSX in the medical device sector, The Cooper Companies should not go unnoticed. Much of COO‘s business revolved around contact lenses.
The stock is breaking out to all-time highs as we speak, exceeding the major resistance from the 2005 highs. Note the steady and strong uptrend on the weekly timeframe below.
Don’t let BSX distract you from solid plays in the medical device space. I am on the lookout for others.
_______________________________________
If you enjoy the content at iBankCoin, please follow us on Twitter
good information – I think these youngsters are going to all be nearsighted in the future from spending so much time starting at tiny phone screens
$HTWR – can be like watching paint dry, and trades thin, but strong