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Stock impact report

4 Medical Product Stocks to Buy From a Prospective Industry [Yahoo! Finance]

ResMed Inc. (RMD) 
Last resmed inc. earnings: 4/30 04:05 pm Check Earnings Report
Company Research Source: Yahoo! Finance
An earlier-than-expected demand for respiratory products is also boosting sales. Industry players are raising the prices of their products and services to cope with the higher costs, thereby benefiting the top and bottom lines. U.S. hospitals are likely to see budget increases on the back of improving demand and lower interest rates, which might boost medical product sales. However, the industry still faces challenges, including supply-chain disruptions, rising material costs and labor shortages in specific markets. While industry players have experienced a recovery in sales over recent quarters, these persistent headwinds continue to lay pressure on profit margins. Additionally, declining demand for COVID-19-related products (which has negatively impacted revenues) and weak performance in the Chinese market are further hindering growth. Industry participants like ResMed RMD, Haemonetics HAE, Phibro Animal Health PAHC and Agios Pharmaceuticals AGIO have adapted to changing consume Show less Read more
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