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Beating The Market With Medical-Device Stocks: (FKASX)
FYI: Vivian Wohl admits that she spends an inordinate amount of time on Facebook—following patient groups to see what people are saying about new medical devices or services. Such chatter is never the basis of an investment decision, but it can spark an idea or reaffirm an existing one.
In 2014, for instance, she learned that a diabetes advocacy group had hacked DexCom (ticker: DXCM) glucose monitoring devices in a way that made them send alerts to family members if a patient’s blood-sugar levels plunged dangerously low. That pointed to strong demand for the company’s next product in the pipeline, which had the alerts feature built in. “It showed me the urgency for the company to get their sharing technology through the FDA, and I think it helped accelerate approval,” says Wohl, who is one of eight portfolio co-managers of the $1.7 billion Federated Kaufmann Small Cap fund (FKASX) and focuses on medical devices and health-care software and services. Regards, Ted https://www.barrons.com/articles/investing-in-medical-devices-why-it-pays-to-dig-deeply-51550079533?refsec=funds
