Table of contents
The Big Picture Continues to Drive Stock Performances 3
Our Views On The Stocks 4
A Closer Look At Stock Performances 6
S&P 500 Sector Performance 7
S&P 500 Healthcare 8
MedTech Individual Stock Performance 12
CS Quantitative Research Tools 16
Short Interest Positions 18
MedTech Valuations 19
Sector Valuation 20
Foreign Currency Rate Movements 23
Foreign Exchange Rate Movements Adds Volatility 24
What’s Ahead in MedTech 28
Earnings Previews 31
Company Profiles 44
Bard (BCR-Neutral) 45
Baxter International (BAX-Neutral) 57
Plasma Industry Concerns 68
Becton Dickinson (BDX-Outperform) 76
Boston Scientific (BSX-Neutral) 92
Covidien (COV-Outperform) 105
Edwards Lifesciences (EW-Outperform) 120
Medtronic (MDT-Neutral) 132
Nanosphere (NSPH-Outperform) 149
St. Jude Medical (STJ-Neutral) 154
Stryker (SYK-Neutral) 167
Zimmer Holdings (ZMH-Neutral) 179
Major Product Categories 193
Cardiac Rhythm Management (CRM) 194
Key Findings From Our Electrophysiologist MADIT CRT Survey 200
Coronary Stents 207
Heart Valves 216
Blood Plasma Market 227
Other Topics 228
Medicare Hospital Inpatient Payment Proposal 229
Glossary 233
Company Databox Summaries 237