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Stock impact report

Which Stock Will Bounce Back Best: Medtronic or Boston Scientific? [The Motley Fool]

Boston Scientific Corporation (BSX) 
Last boston scientific corporation earnings: 4/29 06:30 am Check Earnings Report
US:NYSE Investor Relations: investors.bostonscientific.com
Company Research Source: The Motley Fool
The medical device sector took a hit this spring when patients were forced to postpone elective surgical procedures due to the coronavirus pandemic, andMedtronic(NYSE:MDTBoston ScientificNYSE:BSXiShares U.S. Medical Devices ETFNYSEMKT:IHIBut both companies are poised to make strong comebacks once hospitals begin re-scheduling non-emergency procedures. Since their share prices have fallen, Medtronic and Boston Scientific have low price-to-earnings ratios compared to the industry average, indicating they could be good long-term buys now. While both companies have withdrawn full-year guidance, their management teams project confidence in a rebounding market.The question is, as people begin going back to the hospital for non-coronavirus reasons, which of the two healthcare stocks is a better buy today?Image source: Getty Images.The case for MedtronicMedtronic is a larger company thatbrought in $8.9 billion in revenueThe company was founded in 99, and its co-founder Earl Bakken made the fi Show less Read more
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