$BSX Relative Strength buy signal & Positive story in Barron’s

The Chaikin Power Gauge Rating for Boston Scientific is Neutral with poor financial metrics, very strong earnings performance, neutral price/volume activity and very positive expert activity.

BSX’s earnings performance is very strong as a result of high earnings growth over the past 3-5 years and a relatively low projected P/E ratio.

Despite bullish factors, BSX has moved below its long-term trend, resulting in a Power Gauge rating of Neutral+.

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