AngioDynamics Inc. (ANGO) Business Improves Quality of Life for Older People
It is significant that the stock has earned a net profit for the most recent quarter (ended November 2007) because the healthcare sector is so full of small capital securities with good ideas but negative operating margins. The Medical Equipment and Supplies industry depends on physician and surgeon endorsements, and there are signs that the medical community does indeed find this company’s minimally invasive and image-guided products useful. Peripheral Vascular Disease (PVD) is a nearly inseparable part of rising longevity in the population at large, but modern lifestyles increase chances of small blood vessels hardening and narrowing. The company is…