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Industry Focus

Healthcare: Medical Device Winners & Losers

Industry Focus

The Motley Fool

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4.6854 Ratings

🗓️ 8 May 2019

⏱️ 23 minutes

🧾️ Download transcript

Summary

Earnings season continues to heat up and several medical device makers have reported their first-quarter results. In this episode of Industry Focus: Healthcare, host Shannon Jones and Brian Feroldi discuss why Abiomed (NASDAQ:ABMD) and Intersect ENT (NASDAQ:XENT) are off to a rough start in 2019 and why things couldn't be going better for Insulet (NASDAQ:PODD) and Novocure(NASDAQ:NVCR).

Stocks mentioned: ABMD, XENT, PODD, and NVCR

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Transcript

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0:00.0

Thanks to Clear for supporting industry focus.

0:02.7

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instead of traditional ID documents

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to get you through security faster at airports and stadiums.

0:11.2

Get your first two months of Clear for free by going to clear me.com

0:15.1

slash full 2019 and using the promo code full 2019.

0:20.6

Welcome to industry focus. 19.

0:29.0

Welcome to Industry Focus, a show that dives into a different sector of the stock market every single day. Today is Wednesday, May the 8th, and we're talking health care. I'm your host Shannon

0:34.7

Jones and I am joined via Skype by med tech guru Brian Feroldi. Brian so glad to

0:41.3

have you on the show because we're continuing with the theme of earnings this time

0:45.5

digging into mid-tech in the world that you know very near and dear to your heart.

0:51.1

Brian how's it going?

0:53.0

Shannon, it's going awesome, and you are right, we are in the throes of earning season

0:56.3

right now, so lots to talk about this week.

0:58.3

Lots to talk about. So for our listeners, we're going to kick off earnings

1:02.0

bonanza med textile this week. We're going to kick off earnings bonanza med textile this week.

1:04.4

We're going to dive into the winners and the losers that have come out of earnings.

1:09.0

We've got some notable ones for sure.

1:11.2

And so let's kick things off with our first loser. It's a company called

1:15.2

Abiomed, that sticker symbol ABMD. Brian, I can just say for this company,

1:21.0

2019 has not been very kind to this heart. for this

1:24.1

heart pump maker.

...

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