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Boston Scientific (BSX) Looks Good: Stock Adds 7.4% in Session

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Boston Scientific Corporation (BSX - Free Report) was a big mover last session, as the company saw its shares rise more than 7% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This continues the recent uptrend for the company as the stock is now up 14.5% in the past one-month time frame.

The upside was driven by reports of a potential buyout of the medical instruments maker.

The company has seen estimate revision of no increase and one decrease over the past few weeks, while the Zacks Consensus Estimate for the current quarter remained unchanged. The recent price action is encouraging though, so make sure to keep a close watch on this firm in the near future.

Boston Scientific currently has a Zacks Rank #2 (Buy) while its Earnings ESP is positive.  

Another stock worth considering in the Medical - Products Industry is Terumo Corp. (TRUMY - Free Report) which carries a Zacks Rank #1 (Strong Buy).You can see the complete list of today’s Zacks #1 Rank stocks here.

Is BSX going up? Or down? Predict to see what others think: Up or Down

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