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Industry Focus

Healthcare: Med-Tech Earnings: 2 Losers and 2 Winners

Industry Focus

The Motley Fool

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4.6854 Ratings

🗓️ 21 August 2019

⏱️ 26 minutes

🧾️ Download transcript

Summary

Earnings season is coming to a close and we’re looking back at what happened at four of our favorite med-tech companies. Inogen and Abiomed both tanked followed their earnings release while ShockWave Medical and Guardant Health both soared. Has the thesis long-term thesis for owning these stocks changed following their second-quarter results?

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Transcript

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0:00.0

This episode of Industry Focus is brought to you by TD Ameritrade.

0:04.1

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0:16.5

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0:25.0

Welcome to Industry Focus, the show that dives into a different sector of the stock market every single day.

0:32.0

Today is Wednesday, August the 21st and we're talking

0:34.7

health care. I'm your host Shannon Jones and I am joined via Skype by full.com contributor

0:41.2

and med tech guru Brian for oldy Brian how's it going

0:45.1

Hey Shannon we are in the middle of at my house where at the end of summer camp season and school doesn't start for two weeks so I'm playing

0:55.0

daddy daycare for the next couple of weeks that's what's happening with me what's up

0:58.2

with you hey I feel your pain daughter is also starting school again here the next couple of weeks just got back

1:04.5

from taking her to grandma's house for a week so honestly this is a very quiet

1:08.9

week for me on the home front but I am so ready for those kids to go back to school.

1:13.0

I cannot wait. I have all three of mine going on the bus in two weeks and I am counting on the days.

1:18.0

I hear you. I hear you. Well, let's talk about some of the stocks making the headlines.

1:24.4

Brian, always a joy to have you on the show

1:26.8

to talk about med tech, med devices, that entire industry.

1:30.6

For today's show though, we're going to be talking about the biggest winners and losers coming off of a very busy earning season.

1:38.0

We've got two winners, two losers, and before we get into all of that, Brian, I think it's probably good just to preemptively say that, of course, we're long-term investors here at the Motley Full.

1:49.0

And even though we're looking right now at a snapshot one quarter, it does take more than one good

1:54.9

quarter, even one bad quarter for us to change our long-term thesis.

...

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