According to Zen Score, the 3 best medical equipment stocks to buy right now are:
1. Inmode (NASDAQ:INMD)
Inmode (NASDAQ:INMD) is the top medical device stock with a Zen Score of 61, which is 35 points higher than the medical device industry average of 26. It passed 19 out of 33 due diligence checks and has strong fundamentals. Inmode has seen its stock lose -44.03% over the past year, underperforming other medical device stocks by -31 percentage points.
Inmode has an average 1 year
price target of $27.00, an upside of 46.26% from Inmode's current stock price of $18.46.
Inmode stock has a consensus Buy recommendation according to Wall Street analysts. Of the 3 analysts covering Inmode, 33.33% have issued a Strong Buy rating, 0% have issued a Buy, 66.67% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.
2. Semler Scientific (NASDAQ:SMLR)
Semler Scientific (NASDAQ:SMLR) is the second best medical device stock with a Zen Score of 58, which is 32 points higher than the medical device industry average of 26. It passed 18 out of 33 due diligence checks and has strong fundamentals. Semler Scientific has seen its stock lose -24.75% over the past year, underperforming other medical device stocks by -11 percentage points.
3. Iradimed (NASDAQ:IRMD)
Iradimed (NASDAQ:IRMD) is the third best medical device stock with a Zen Score of 56, which is 30 points higher than the medical device industry average of 26. It passed 22 out of 38 due diligence checks and has strong fundamentals. Iradimed has seen its stock lose -8.31% over the past year, overperforming other medical device stocks by 5 percentage points.
Iradimed has an average 1 year
price target of $65.00, an upside of 54.65% from Iradimed's current stock price of $42.03.
Iradimed stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 1 analyst covering Iradimed, 100% have issued a Strong Buy rating, 0% have issued a Buy, 0% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.