Three Reasons to Retain Merit Medical (MMSI) Stock for Now
Merit Medical(MMSI) zacks.com·2024-05-23 01:26
Merit Medical Systems, Inc. (MMSI) is well-poised for growth in the coming quarters, courtesy of its strong product portfolio. The optimism led by solid first-quarter 2024 performance and its continued spend on research and development (R&D) are expected to contribute further. However, headwinds due to higher consolidation in the healthcare industry and forex volatility persist.Over the past year, this Zacks Rank #3 (Hold) stock has gained 1.4% compared with a 5.5% rise of the industry and 28.6% growth of t ...