Merit Medical Gains 26.4% Year to Date: What's Driving the Stock?

Merit Medical Systems (MMSI) witnessed strong momentum in the year-to-date period. Shares of the company have rallied 26.4% against the industry's decline of 1%. The S&P 500 Composite has risen 16.3% in the same period. With healthy fundamentals and strong growth opportunities, this Zacks Rank #3 (Hold) company appears to be a solid wealth creator for its investors at the moment. South Jordan, UT-headquartered Merit Medical provides various peripheral and cardiac intervention products to cure cardiac condit ...