4 Healthcare Stocks Rising More Than 50 percent in 2024 With Room to Grow

GMED Stock  USD 83.47  0.37  0.45%   
About 58% of all Globus Medical's shareholders are looking to take a long position. The analysis of overall sentiment of trading Globus Medical stock suggests that some investors are interested at this time. The current market sentiment, together with Globus Medical's historical and current headlines, can help investors time the market. In addition, many technical investors use Globus Medical stock news signals to limit their universe of possible portfolio assets.
  
Medical stocks are expected to reap the benefits of affordable health insurance plans, rising surgeries and widespread adoption of telehealth services in the days ahead. However, inflation and supply-chain woes may act as spoilsport.

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Globus Medical Investor Sentiment by Other News Outlets

Investor sentiment, mood or attitude towards Globus Medical can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.

Globus Medical Fundamental Analysis

We analyze Globus Medical's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Globus Medical using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Globus Medical based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.

Return On Asset

Return On Asset Comparative Analysis

Globus Medical is currently under evaluation in return on asset category among its peers. Return on Asset or ROA shows how effective is the management of the company in generating income from utilizing all of the assets at their disposal. It is a useful ratio to evaluate the performance of different departments of a company as well as to understand management performance over time.

Globus Medical Potential Pair-trading

One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Globus Medical stock to make a market-neutral strategy. Peer analysis of Globus Medical could also be used in its relative valuation, which is a method of valuing Globus Medical by comparing valuation metrics with similar companies.

Peers

Globus Medical Related Equities

GKOSGlaukos Corp   1.93   
0%
78.0%
CNMDCONMED   1.71   
0%
69.0%
NVCRNovocure   1.57   
0%
63.0%
IRTCIRhythm Technologies   0.80   
0%
32.0%
ITGRInteger Holdings   0.80   
0%
32.0%
NARIInari Medical   0.77   
0%
31.0%
BRKRBruker   0.68   
0%
27.0%
OFIXOrthofix Medical   0.06   
0%
2.0%
PODDInsulet   0.04   
1.0%
0%
LIVNLivaNova PLC   0.51   
20.0%
0%
NVRONevro Corp   0.53   
21.0%
0%
INSPInspire Medical   0.69   
28.0%
0%
ATECAlphatec Holdings   2.46   
100.0%
0%

Complementary Tools for Globus Stock analysis

When running Globus Medical's price analysis, check to measure Globus Medical's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Globus Medical is operating at the current time. Most of Globus Medical's value examination focuses on studying past and present price action to predict the probability of Globus Medical's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Globus Medical's price. Additionally, you may evaluate how the addition of Globus Medical to your portfolios can decrease your overall portfolio volatility.
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