Medical Devices Stocks and SmartMoney's The Next Wave Of Moneymakers

This is from SmartMoney Magazine this month. It highlights the Medical Device Industry, which many investors tend to forget about, but there is a huge market for medical devices in the coming years. Although, with Obama's Healthcare Plan starting 2013 there will be an 2.3% increased tax on Medical Devices, I don't see it affecting these companies bottom lines as much as people think. You can read more about the tax at MassDevice.com's article, Device makers react to healthcare reform bill's excise tax. My main concern will be the FDA's tightening of 510K approvals in the near future.

There are a few others out there I would like to mention. Here is my list of Medical Device Companies on the rise. (In no particular order)

1. BSD Medical (BSDM)-- Huge gains as of late
2. Trinity Biotech (TRIB)--One of my favorites
3. MedQuist (MEDQ)--actually a Medical Coder
4. St Jude Medical (STJ)
5. NxState Medical (NXTM)
6. Derma Sciences (DSCI)
7. Varian Medical Systems (VAR)
8. iCAD, Inc. (ICAD)
9. Alcon (ACL)
10. STAAR Surgical (STAA)
11. Becton, Dickinson (BDX)

The Next Wave of Medical Moneymakers