Omnicell Gains 41.6% in a Year: What's Driving the Stock?

Omnicell, Inc. (OMCL) has witnessed strong momentum in the past year. Shares of the company have risen 41.6% against a 11.3% decline of the industry during the same time frame. The S&P 500 composite has increased 16.2%.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.Omnicell develops and markets end-to-end automation solutions for the medication-use process. Its products enable care providers to ...