Filed under: Johnson and Johnson (JNJ), Boston Scientific (BSX), Technical Analysis, Stocks to Buy

American Medical Systems Holdings (NASDAQ: AMMD) provides medical solutions designed to restore the pelvic health of men and women. It manufactures and markets surgical products to urologists, gynecologists, and urogynecologists for erectile restoration, benign prostatic hyperplasia, male urethral stricture, urinary and fecal incontinence, menorrhagia, and pelvic organ prolapse. Boston Scientific (NYSE: BSX) and Johnson & Johnson (NYSE: JNJ) are major competitors.

The stock lost ground at the end of October, on a slightly weaker than expected third quarter report. It has risen fifteen percent since that time, however, on word of insider buying, a pair of upgrades, in-line to upside fourth quarter guidance and the replacement of the CEO by the COO.

Continue reading American Medical Systems (AMMD) shares rise in positive trading channel

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This entry was posted on Wednesday, January 16th, 2008 at 4:48 pm and is filed under Stocks Money News. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.