5 Best Medical Device Stocks To Buy Now

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1. Sensus Healthcare, Inc. (NASDAQ:SRTS)

Forward P/E ratio as of December 10: 5.17

Number of Hedge Fund Holders: 13

Founded in 2010, Sensus Healthcare, Inc. (NASDAQ:SRTS) operates in the healthcare sector. The company specializes in manufacturing devices used to treat skin cancers such as squamous and basal cell skin cancer and other skin-related conditions like Keloids. The company’s operations are spread worldwide.

On November 4, 2022,  Ben Haynor, an analyst at Alliance Global Partners, lowered his price target on Sensus Healthcare, Inc. (NASDAQ:SRTS) to $16.50 while keeping a Buy rating on the stock. The analyst believes the company will remain profitable, although the Q3 results sent mixed signals to investors.

According to Insider Monkey’s database, 13 hedge funds owned stakes in the company at the end of the September quarter. G2 Investment Partners Management held the biggest stake in Sensus Healthcare, Inc. (NASDAQ:SRTS) at the end of Q3 2022.

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