ICU Medical (ICUI) is an uncommonly squirrely stock. Although infusion therapy and critical care products are not exactly missionary sales, ICU Medical's stock as been uncommonly volatile due in large part to unpredictable sales trends. What that means for investors is that they have to fight their instincts and get bold during the tough quarters and get a little cautious when the stock is doing especially well.
Reasonable Performance For Q1
ICU Medical's performance in the first quarter was solid, albeit not spectacular. Overall revenue rose nearly 6% and slightly beat the average sell-side guess. Infusion therapy sales were pretty solid (up nearly 10%), and oncology continues to grow nicely (up 30%), but critical care is still the problem child (down over 14%).
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ICU Medical Offers A Tricky Trade At These Levels
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