Here's Why You Should Retain Merit Medical Stock in Your Portfolio

Merit Medical Systems, Inc. (MMSI) is well poised for growth in the coming quarters, courtesy of its strong product portfolio. The optimism, led by solid second-quarter 2024 performance and its continued spending on research and development (R&D), is expected to contribute further. However, headwinds due to higher consolidation in the healthcare industry and forex volatility persist. This Zacks Rank #3 (Hold) company has gained 26.6% in the past six months against the 7.8% decline of the industry.The S&P 50 ...