Investors in the Medical sector should look for top-performing stocks. Is Brainsway Ltd. Sponsored ADR BWAY among them this year? Let’s compare its performance with other Medical companies.
Brainsway has a Zacks Sector Rank of #3 out of 16 groups, indicating decent performance among the 1025 stocks in the Medical sector. Right now, it has a Zacks Rank of #2 (Buy), which means positive earnings outlook.
In the last quarter, the earnings estimate for BWAY improved by 177.8%, reflecting better analyst sentiment.
This year, BWAY has returned about 44.9%, significantly higher than the Medical sector average of 8.6%. This shows Brainsway is outperforming its peers.
Another strong performer in the Medical sector is Intuitive Surgical, Inc. ISRG, with a year-to-date return of 44.5% and a Zacks Rank of #1 (Strong Buy).
Brainsway is in the Medical – Products industry, which ranks #62. This industry has an average gain of 14.5% this year, showing that BWAY is performing well.
In comparison, Intuitive Surgical is in the Medical – Instruments industry, currently ranked #82, with a return of +8.2% this year.
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