Investing
SWAV Stock Forecast: Riding the Sonic Wave of Innovation in Cardiovascular Treatment
September 11, 2023 10:25 pm
Summary
- Shockwave Medical is innovating cardiovascular treatment with its Intravascular Lithotripsy (IVL) technology, which uses sonic pressure waves for minimally invasive procedures.
- Recent financials showcase robust growth, with a YoY increase of 72% in Q1 2023 revenues and expectations of future growth, making it an appealing target for potential acquisitions.
- Rumors of a takeover from giants like Johnson & Johnson and Medtronic have surfaced, yet irrespective of such speculations, Shockwave’s strong financial performance and differentiated technology make it a compelling investment.
SWAV Stock Forecast: Riding the Sonic Wave of Innovation in Cardiovascular Treatment appeared first on I Know First.
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