Zacks' proprietary data indicates that ShockWave Medical, Inc. is currently rated as a Zacks Rank 1 and we are expecting an above average return from the SWAV shares relative to the market in the next few months.
What is a VGM Score?
VGM Score. The VGM Score rates each stock on their combined weighted styles, helping to identify those with the most attractive value, best growth, and most promising momentum, across the board.
Is SWAV a good stock to buy?
The financial health and growth prospects of SWAV, demonstrate its potential to underperform the market. It currently has a Growth Score of A. Recent price changes and earnings estimate revisions indicate this would be a good stock for momentum investors with a Momentum Score of B.
Is ShockWave a buy?
Zacks' proprietary data indicates that ShockWave Medical, Inc. is currently rated as a Zacks Rank 1 and we are expecting an above average return from the SWAV shares relative to the market in the next few months. Valuation metrics show that ShockWave Medical, Inc. may be overvalued.
What does Shockwave Medical do?
The device uses a balloon to deliver sonic pressure waves that can pass through soft arterial tissue to “preferentially disrupt” calcified plaque and optimize stent placement.16 Feb 2021
What is shockwave in cardiology?
Shockwave IVL, which harnesses the power of sonic pressure waves historically used to break up kidney stones through lithotripsy, is bringing new hope to individuals with severely calcified coronary artery disease and can eliminate the need for open heart surgery in some cases.21 Jul 2021