A more positive environment will lure generalist investors back into the fold, helping the medical device sector bounce back in 2010, according to Leerink Swann analyst Rick Wise.
Après le deluge, le bounce. Or at least a solid rebound for the medical device sector, according to analysts at New York investment firm Leerink Swann, who predict a rising tide that should lift most ships in the coming year.
In the firm's 120-page 2010 outlook, Leerink analysts say they expect most healthcare sectors to outperform 2009, as earnings start to come back and the looming specter of dramatic healthcare reform lifts in favor of more modest changes. In addition, the analysts say positive activity on Wall Street will also start luring the individual investor back into the fold.
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