Can Boston Scientific Set Another Net High?

Key Points

  • Boston Scientific shares hit the ceiling after solid results and guidance. 
  • Profit-taking may cap gains in the near term, but the long-term outlook is healthy. 
  • The analysts see this stock moving higher and may drive it to a new high soon. 
  • 5 stocks we like better than Boston Scientific

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Should you invest $1,000 in Boston Scientific right now?

Before you consider Boston Scientific, you'll want to hear this.

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While Boston Scientific currently has a "Moderate Buy" rating among analysts, top-rated analysts believe these five stocks are better buys.

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Companies Mentioned in This Article

CompanyMarketRank™Current PricePrice ChangeDividend YieldP/E RatioConsensus RatingConsensus Price Target
Abbott Laboratories (ABT)
4.992 of 5 stars
$107.53+0.6%2.05%33.50Moderate Buy$121.50
Medtronic (MDT)
4.6613 of 5 stars
$79.74+0.6%3.46%25.39Hold$94.91
Boston Scientific (BSX)
4.4537 of 5 stars
$73.17-0.1%N/A61.49Moderate Buy$75.09
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Thomas Hughes

About Thomas Hughes

  • tmhughes.writeon@gmail.com

Contributing Author

Technical and Fundamental Analysis

Experience

Thomas Hughes has been a contributing writer for MarketBeat since 2019.

Areas of Expertise

Technical analysis, the S&P 500; retail, consumer, consumer staples, dividends, high-yield, small caps, technology, economic data, oil, cryptocurrencies

Education

Associate of Arts in Culinary Technology

Past Experience

Market watcher, trader and investor for numerous websites. Founded Passive Market Intelligence LLC to provide market research insights. 


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