The 3 Most Profitable Medical Device Companies
You may not think of medical device makers as some of the most profitable companies on the markets, but make no mistake -- this industry's top players aren't shy about bringing in top profits. Small, niche companies and powerhouses alike have been able to capitalize on the rising demand for health care to generate strong bottom lines and reward investors handsomely for their gains.
However, just because a company's highly profitable doesn't mean that it's necessarily a good buy for investors. In the medical device industry, which companies are using their businesses for the biggest rewards?
In the video below, Fool contributor Dan Carroll takes you through three of the device industry's most profitable companies. From an innovative tech leader to one of the industry's most recognizable names, these companies make compelling cases to score a spot in your portfolio.
These companies have topped their rivals in bringing home the best profits, but in investing, it's your portfolio's rewards that matter above all else. Having trouble getting started on your investing journey? It's never too early to start: In our brand-new special report, "Your Essential Guide to Start Investing Today," The Motley Fool's personal finance experts show you why investing is so important and what you need to do to get started. Click here to get your copy today -- it's absolutely free.
The article The 3 Most Profitable Medical Device Companies originally appeared on Fool.com.Fool contributor Dan Carroll has no position in any stocks mentioned. The Motley Fool recommends Intuitive Surgical. The Motley Fool owns shares of Intuitive Surgical and Medtronic. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
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