Maybe it's true that if you look hard enough, there's always a growth story to be found in any industry. For more than a few years, one of the prime laments in the med-tech space was "where have all the growth stories gone?" Large companies scooped up many interesting small and mid-cap companies, while the poor IPO market led many others to stay private and/or sell-out.
Still, it is by no means true that Intuitive Surgical (ISRG) is the only worthwhile growth story left on the device side of med-tech. ZOLL Medical (ZOLL) deserves a place on this list as well, not only because the company is looking at its third straight year of double-digit growth, and not only because the company has excellent growth prospects from new products, but also because of what the company should be able to do with its operating margins.
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Zoll Medical About To Become A Very Interesting Growth Stock
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