Here's Why You Should Retain Nevro (NVRO) Stock for Now

Nevro Corp. (NVRO) is well-poised for growth in the coming quarters, courtesy of its research and development (R&D) edge. The optimism, led by a solid first-quarter 2024 performance and continued strength in its flagship Senza platform, is expected to contribute further. However, stiff competition and dependence on third-party payors persist. In the past year, this Zacks Rank #3 (Hold) stock has lost 66.1% against the industry's 6.1% growth. The S&P 500 rallied 23.5% in the same time frame. The renowned glo ...