Big Momentum in This Medical Device Stock

This week’s Momentum Trader Alert takes you into the medical devices sector.

Founded in 1980, The Cooper Companies, Inc. (COO) is a Pleasanton, California-based multinational medical device company. It has over 8,000 employees and two subsidiaries, CooperVision (CVI), which provides contact lenses, and CooperSurgical (CSI), which provides products for professionals in women’s health care.

The Cooper Companies, Inc. (COO) versus the S&P 500 year to date

Recommendation

Buy The Cooper Companies, Inc. (COO) at market today, and place your stop at $180.00.

I am holding off on recommending options on this position until the stock settles.

Portfolio Update

The Chemours Company (CC) soared 17.53% last week. Raise your stop to $28.00 to lock in some of these big gains.

Sincerely,

Nicholas A. Vardy

Nicholas Vardy

Nicholas Vardy has a unique background that has proven his knack for making money in different markets around the world. He was the Editor of The Global Guru, a free weekly e-newsletter, and also edited the trading services Momentum Trader Alert, which focused on making short-term profits in the hottest markets in the world, and The Alpha Algorithm, which was designed specifically to deliver big, fast triple-digit winners, month after month. He was also the editor of Smart Money Masters, a monthly service focused on longer term investments recommended by the brightest minds in the business. Mr. Vardy has been a regular commentator on CNN International and the Fox Business Network. He has also published articles in The New Republic, The World and I, and The Baker & McKenzie Legal Review. The Global Guru/Nicholas Vardy has been cited in The Wall Street Journal, Newsweek, Fox Business News, CBS MarketWatch, Yahoo! Finance, and MSN Money Central. Mr. Vardy graduated from Stanford with a B.A. — with honors and distinction — in both Economics and History, and he also earned an M.A in Modern European Intellectual History. After winning a Fulbright Scholarship, he earned a J.D. degree at Harvard Law School where he was an editor of the Harvard International Law Journal. When not uncovering investment opportunities for his subscribers and investors, Mr. Vardy is a keep-fit enthusiast and an avid student of classical music.  

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