So far, this has been a tough quarter for some of the growth darlings of
the medical technology sector. It's still somewhat early in the
reporting cycle, but Intuitive Surgical (ISRG) and MAKO Surgical (MAKO) have both disappointed, and Cepheid (CPHD)
joins that unfortunate list for the second time in as many quarters.
While the sort of operational disturbances that Cepheid is seeing are
not at all uncommon with small, young companies, the cripplingly high
expectations built into the stock give it little room to breathe.
Read more here:
Another Disappointing Quarter Still Doesn't Make Cepheid Cheap
No comments:
Post a Comment