Throughout what has proven to be a difficult time for small-cap medical device company AngioDynamics (Nasdaq:ANGO),
I've been optimistic about the company's long-term potential. While
businesses in vascular access, dialysis, and fluid management are not
high-growth areas of medical technology, I thought the company's focus
on product development would lead to better revenue and margin leverage than the Street seemed to be expecting.
So far that has been a bad call. While products like NanoKnife, BioFlo,
and AngioVac do still hold the potential to drive long-term growth rates
in excess of the industry norms, sales execution and market shares need
to improve. Likewise, investors should not underestimate the potential
risk of rejuvenated large competitors like Covidien (NYSE:COV) and CR Bard (NYSE:BCR).
Please follow this link for more:
http://www.investopedia.com/stock-analysis/041013/angiodynamics-still-struggling-get-back-track-ango-bcr-cov-mmsi-vasc.aspx
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