Micrus Endovascular: Medical Devices Are in Demand

Jim Van Meerten submits:

Each day when I screen on Barchart for the stocks that are hitting new highs, Micrus Endovascular (MEND) keeps coming up. When I sort for frequency, this stock had 14 price advances in the last 20 trading sessions and had 4 in the most recent 5 days. It has enjoyed a 31.51% price increase in the last month. Barchart’s 13 technical indicators hit a buy signal on all 13 indicators for a 100% buy rating.

Micrus Endovascular Corporation is a medical device company that develops, manufactures and markets implantable and disposable medical devices used in the treatment of cerebral vascular diseases.


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