Strength Seen in Opko Health (OPK): Stock Rises 8.3% - Tale of the Tape - Edwards Lifesciences (NYSE:EW)

Opko Health, Inc. (OPK) was a big mover last session with shares rising over 8% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This breaks the recent trend of the company as the stock is now trading above the past one month's volatile price range of $8.13 to $8.55.

This biopharmaceutical and diagnostics company has seen one negative estimate revision in the last 30 days. The Zacks Consensus Estimate has also moved lower over the same period. This implies trouble down the road. So make sure to keep an eye on this stock going forward to see if yesterday's rally can last.

Opko Health currently holds a Zacks Rank #3 (Hold) while its Earnings ESP is 0.00%.

Investors interested in the Med-instruments industry may consider better-ranked stocks like Edwards Lifesciences Corp. (EW), EnteroMedics Inc. (ETRM) and Fluidigm Corp. (FLDM). All the three stocks carry a Zacks Rank #2 (Buy).

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Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days.

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OPKO HEALTH INC (OPK): Free Stock Analysis Report

EDWARDS LIFESCI (EW): Free Stock Analysis Report

ENTEROMEDICS IN (ETRM): Free Stock Analysis Report

FLUIDIGM CORP (FLDM): Free Stock Analysis Report

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