Orthofix Stock's Depressed Price Means Opportunity
The stock market is rallying on renewed optimism toward a U.S.-China trade deal, but there are still many stocks, especially in the small-cap space, that have been hemorrhaging.
Digging into the stock market trash bin, an intriguing battered-down small-cap medical devices company with a good risk/reward scenario is Orthofix Medical Inc (NASDAQ:OFIX).
Orthofix stock is down 32% from its 52-week high, hovering just above its range low. It's underperforming the S&P 500 and Russell 2000, down almost three percent this year and five percent over the past year..
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The stock market is rallying on renewed optimism toward a U.S.-China trade deal, but there are still many stocks, especially in the small-cap space, that have been hemorrhaging.
Digging into the stock market trash bin, an intriguing battered-down small-cap medical devices company with a good risk/reward scenario is Orthofix Medical Inc (NASDAQ:OFIX).
Orthofix stock is down 32% from its 52-week high, hovering just above its range low. It's underperforming the S&P 500 and Russell 2000, down almost three percent this year and five percent over the past year..
Den vollständigen Artikel lesen ...