Medtech Companies Creating Buzz in 2023
These are the companies investors are "buzzing" about, according to BTIG medtech analysts.
April 27, 2023
Ever wish you could be a fly on the wall in investor meetings to learn which medtech companies are creating the most buzz?
Thanks to a report by BTIG's Ryan Zimmerman, now you can. After a couple weeks on the road discussing various medtech names in the firm's coverage universe, Zimmerman and team ranked each company in order of how often the company came up in conversation as the analysts visited New York, NY; Austin, TX; Houston, TX; and Dallas, TX.
The intent behind the ranking is to give medtech investors a sense of sentiment and interest.
"Investor interest was mixed between both large and [small and mid cap] names these past two weeks compared to our previous marketing when investors spent more time on one specific range versus another," Zimmerman wrote.
The anlayst also noted that the medtech environment seems to be improving following first-quarter earnings reports from Johnson & Johnson, Intuitive Surgical, and Abbott Laboratories. This is driving investor interest to look "down cap" which is a change from six months ago, Zimmerman wrote.
The slideshow features the top 11 companies in "count down" order.
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