11 Best Medical Device Stocks to Buy Now

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8. Edwards Lifesciences Corporation (NYSE:EW)

Number of Hedge Fund Holders: 67

Edwards Lifesciences Corporation (NYSE:EW) develops medical innovations for heart disease and critical care monitoring. Its products are categorized into four primary areas: Transcatheter Aortic Valve Replacement, Transcatheter Mitral and Tricuspid Therapies, Surgical Structural Heart, and Critical Care.

The company is considered a leader in MedTech due to its health value solutions and strong market position, ranking it eighth on our list of top medical device stocks to invest in now. In a report released on April 25, Matt Miksic from Barclays reiterated a Buy rating on Edwards Lifesciences Corporation (NYSE:EW), with a price target of $90.00.

Edwards Lifesciences Corporation (NYSE:EW) also has positive operations, which is why analysts are bullish on the stock. It reported an 8% growth in total sales in fiscal Q1 2025, reaching $1.041 billion. The growth reflects the strength of the company’s differentiated and broad portfolio, which is continually driving financial success.

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