5 Best Medical Device Stocks To Buy Now

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In this article, we discuss 5 of the best medical device stocks to buy now. If you want to go through our detailed medical technology industry discussion, head directly to the 14 Best Medical Device Stocks To Buy Now.

5. Boston Scientific Corporation (NYSE:BSX)

Number of Hedge Fund Holders: 71

Boston Scientific Corporation (NYSE:BSX), headquartered in Delaware, functions as a biomedical and biotechnology engineering company, as well as a multinational producer of medical devices utilized across diverse interventional medical specialties. These specialties include interventional radiology, interventional cardiology, peripheral interventions, and oncology, among others.

A top contender in its sector, Boston Scientific Corporation (NYSE:BSX) successfully secured billions of dollars in debt within a week in February 2024. Moreover, the company’s shares are on average rated as Strong Buy.

As of Q4 2023 end, 71 out of the 933 hedge funds profiled by Insider Monkey had held a stake in Boston Scientific Corporation (NYSE:BSX). Ken Griffin’s Citadel Investment Group was the biggest Boston Scientific Corporation (NYSE:BSX) shareholder through its $519 million investment.

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