Friday, June 14, 2013

MassDevices: Boston Scientific May Finally Be On The Right Path Again

It feels like Boston Scientific (NYSE:BSX) has spent the majority of the past decade in a perpetual limbo of ineffectual turnaround. The shares are down ⅔ over that period, while rivals and peers like Medtronic (NYSE:MDT), St. Jude Medical (NYSE:STJ), and Stryker (NYSE:SYK) have been flat, up 50%, and up 100%, respectively, over the same period. Worse still, Boston Scientific transformed from a market leader to a market laggard and squandered an immeasurable amount of credibility and investor goodwill.

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