Follow-up on Cosmetic Surgery Stocks
Source: http://stockerblog.blogspot.com/2013/02/follow-up-on-cosmetic-surgery-stocks.htmlPosted on Wednesday, February 13th, 2013 | In Market Commentary, Stocks to Watch
One of the companies was Cynosure (CYNO), which produces Smartlipo® LaserBodySculpting™ Workstations used for treating localized fat deposits using a minimally invasive technique. The stock closed at 26.40 on that day and is now trading at 28.13, a 6.6% increase in only a couple weeks.
Another company that was mentioned is Align Technology (ALGN) makes the Invisilign systems, an invisible orthodontics process for straightening teeth. The stock was at 29.27 at that time, and is now 33.02, a substantial 12.8% increase.
PhotoMedex (PHMD), which makes XTRAC laser products for psoriasis and vitiligo, NEOVA for premature skin aging, and Omnilux Light-emitting diode for wrinkles, has risen 7.9%.
The only company mentioned that hasn't performed is Solta Medical (SLTM), a producer of the Thermage CPT non-invasive treatment for skin tightening. The stock has dropped 10 cents during the last couple weeks. Many of the other cosmetic surgery stocks on the free list at WallStreetNewsNetwork.com have already started to take off. This could be one of the major industries for the decade.
Author didn't own any of the above at the time the article was written.
About Fred Fuld (http://stockerblog.com)
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