The overall healthcare sector in the US has taken a big hit over the past five months, but medical devices companies have been relatively resilient. The iShares NASDAQ Biotechnology Index (ETF) (NASDAQ: IBB) is down more than 19.68% since last December, while the iShares Dow Jones US Medical Devices (ETF) (NYSEARCA: IHI) and S&P 500 Health Care Equipment and Services (Industry Group) (TR) (INDEXSP: SP500-3510TR) have performed better. Total returns have been 4.31% and 3.03% to 129.19 and 921.06 points as last Friday, May 20, 2016. This has been a significant performance, yet some company stocks have actually done even better better individually. The sector’s three superstars -- Stryker (NYSE: SYK), Becton Dickinson & Co (NYSE: BDX) and Boston Scientific (NYSE: BSX) -- very much outperform the broader industry, and each has put up encouraging financial results in the first quarter. This suggests better returns may be on their way. #MergentInc #industryreports #medicalequipment
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