This Medical Products Stock Hits Buy Point As Health Care Names Rally

Group 1 - Globus Medical (GMED) has reached the buy point of a long, deep cup-with-handle base in above average volume, indicating strong market interest [1] - The stock is on track for four consecutive weeks of gains, reflecting positive momentum in its performance [1] - Globus Medical was added to the IBD Leaderboard Leaders list, highlighting its status as a top-performing stock [1] Group 2 - Medtronic's stock has seen a 36% surge following blowout quarterly earnings, indicating strong performance in the medical products sector [4] - Globus Medical's composite rating has climbed to 96, showcasing its competitive position in the market [4] - The relative strength rating of Globus Medical has improved to 84, suggesting enhanced technical strength [4]