5 High-Growth Medical Device Stocks With Strong Inventory Trends

Interested in the high-growth prospects of the healthcare industry? If so, we ran a list just for you. We began by screening the medical devices industry for high-growth stocks, with 5-year projected EPS growth above 15%. We then screened for stocks with strong sales trends by comparing growth in revenue to growth in inventory over the last year. We screened for stocks with positive sales trends, with faster growth in revenue than inventory over the last year. Since inventory represents the portion of goods not yet sold, faster growth in revenue than inventory is considered an encouraging sign.

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