December 28, 2023
Snapshot Top 10: Dow Jones U.S. Medical Equipment Index



The Top 10 performing stocks in the Dow Jones U.S. Medical Equipment Index are shown for seven different investment strategies. Whether you are looking for value, growth or dividend stocks, or you want stocks that rank well overall, you can see the top 10 stock picks, together with how they rank on a scale of 1 to 100 from the perspective of different investment strategies. We have also added our newest Sentiment and 360° View ranks, which encapsulate the market voices of analysts and professional investors into a simple ranking for easily evaluating stocks. As an objective research provider, Obermatt has been refining its stock analysis algorithms for more than 10 years (no AI used here!)

Select any stock for the detailed analysis of that stock's performance across the different investment analyses. Please note that the Top 10 stocks focus only on Large to XX-Large companies.


What the six ranks mean

For every stock, we judge its performance against its peers and rank it on a scale of 1 to 100. The higher the rank, the better the stock performs than its peers. And, we do this for six investment strategies:

Value - shows how good of a value the stock is. Green is "inexpensive"; red is "expensive".

Growth - shows a company's growth potential. Green is "high growth" expected; red is "tough times ahead".

Safety - relates to the amount of debt a company has. Green is low debt level; red is high debt level.

Combined Financial - this isn't an average of the first three ranks but rather a consolidated view across several financial indicators. Green = good; red = tread carefully.

(NEW) Sentiment - quantifies professional analyst ratings and holdings as well as market pulse. Green = positive sentiment; red = skepticism (Only available to Premium Subscribers).

(NEW) 360° View - the ultimate rating with all financial and non-financial indicators.

Special Analysis: TOP 10 Dividend Investment Strategy

Many people ask for tips about dividend stocks. These are the Top 10 dividend stocks in the Dow Jones U.S. Medical Equipment Index as of December 28, 2023.

TOP 10 Dividend Investment Strategy Value Strategy DIVIDEND Value Strategy VALUE Combined Strategy COMBINED 360° Strategy 360° VIEW
1. Haemonetics (L, US)  Health Care Supplies
1. Haemonetics (L, US)   Health Care Supplies 100 68 67 90
2. Abbott Laboratories (XXL, US)  Health Care Equipment
2. Abbott Laboratories (XXL, US)   Health Care Equipment 98 62 56 86
3. DENTSPLY (XL, US)  Health Care Supplies
3. DENTSPLY (XL, US)   Health Care Supplies 98 100 51 40
4. Baxter (XXL, US)  Health Care Equipment
4. Baxter (XXL, US)   Health Care Equipment 96 98 51 36
5. Becton Dickinson (XXL, US)  Health Care Equipment
5. Becton Dickinson (XXL, US)   Health Care Equipment 94 98 61 91
6. Stryker (XXL, US)  Health Care Equipment
6. Stryker (XXL, US)   Health Care Equipment 94 49 37 84
7. ResMed (XL, US)  Health Care Equipment
7. ResMed (XL, US)   Health Care Equipment 89 67 63 66
8. Zimmer (XL, US)  Health Care Equipment
8. Zimmer (XL, US)   Health Care Equipment 89 100 80 56
9. CONMED (L, US)  Health Care Equipment
9. CONMED (L, US)   Health Care Equipment 83 67 48 54
10. Teleflex (L, US)  Health Care Equipment
10. Teleflex (L, US)   Health Care Equipment 80 94 98 100

☀ This company has a special achievement which is documented on its stock research page.

December 28, 2023. Top 10s are published weekly following the . ( or for more stocks)


D.J. US Medical Top 10: Obermatt 360° Investment Strategy

TOP 10 Obermatt 360° Investment Strategy 360° Strategy 360° VIEW Value Strategy VALUE Combined Strategy COMBINED Sentiment Strategy SENTIMENT
1. Teleflex (L, US)   Health Care Equipment
1. Teleflex (L, US)   Health Care Equipment 100 94 98 43
2. Integer (L, US)   Health Care Equipment
2. Integer (L, US)   Health Care Equipment 92 51 68 80
3. Becton Dickinson (XXL, US)   Health Care Equipment
3. Becton Dickinson (XXL, US)   Health Care Equipment 91 98 61 96
4. Haemonetics (L, US)   Health Care Supplies
4. Haemonetics (L, US)   Health Care Supplies 90 68 67 81
5. West (L, US)   Life Sciences Tools & Services
5. West (L, US)   Life Sciences Tools & Services 89 26 73 86
6. Abbott Laboratories (XXL, US)   Health Care Equipment
6. Abbott Laboratories (XXL, US)   Health Care Equipment 86 62 56 83
7. Merit Medical Systems (L, US)   Health Care Supplies
7. Merit Medical Systems (L, US)   Health Care Supplies 84 31 47 91
8. Stryker (XXL, US)   Health Care Equipment
8. Stryker (XXL, US)   Health Care Equipment 84 49 37 96
9. Align (XL, US)   Health Care Supplies
9. Align (XL, US)   Health Care Supplies 78 27 43 98
10. Intuitive Surgical (XL, US)   Health Care Equipment
10. Intuitive Surgical (XL, US)   Health Care Equipment 72 6 41 94

December 28, 2023. Top 10s are published weekly following the . ( or for more stocks)


D.J. US Medical Top 10: Sentiment Investment Strategy

TOP 10 Sentiment Investment Strategy Sentiment Strategy SENTIMENT Value Strategy VALUE Combined Strategy COMBINED 360° Strategy 360° VIEW
1. Align (XL, US)   Health Care Supplies
1. Align (XL, US)   Health Care Supplies 98 27 43 78
2. Boston Scientific (XL, US)   Health Care Equipment
2. Boston Scientific (XL, US)   Health Care Equipment 96 19 12 51
3. Becton Dickinson (XXL, US)   Health Care Equipment
3. Becton Dickinson (XXL, US)   Health Care Equipment 96 98 61 91
4. Stryker (XXL, US)   Health Care Equipment
4. Stryker (XXL, US)   Health Care Equipment 96 49 37 84
5. Intuitive Surgical (XL, US)   Health Care Equipment
5. Intuitive Surgical (XL, US)   Health Care Equipment 94 6 41 72
6. Merit Medical Systems (L, US)   Health Care Supplies
6. Merit Medical Systems (L, US)   Health Care Supplies 91 31 47 84
7. IDEXX (XL, US)   Health Care Equipment
7. IDEXX (XL, US)   Health Care Equipment 87 1 7 37
8. West (L, US)   Life Sciences Tools & Services
8. West (L, US)   Life Sciences Tools & Services 86 26 73 89
9. Abbott Laboratories (XXL, US)   Health Care Equipment
9. Abbott Laboratories (XXL, US)   Health Care Equipment 83 62 56 86
10. Haemonetics (L, US)   Health Care Supplies
10. Haemonetics (L, US)   Health Care Supplies 81 68 67 90

December 28, 2023. Top 10s are published weekly following the . ( or for more stocks)


D.J. US Medical Top 10: Value Investment Strategy

TOP 10 Value Investment Strategy Value Strategy VALUE Growth Strategy GROWTH Combined Strategy COMBINED 360° Strategy 360° VIEW
1. Zimmer (XL, US)   Health Care Equipment
1. Zimmer (XL, US)   Health Care Equipment 100 33 80 56
2. DENTSPLY (XL, US)   Health Care Supplies
2. DENTSPLY (XL, US)   Health Care Supplies 100 13 51 40
3. Becton Dickinson (XXL, US)   Health Care Equipment
3. Becton Dickinson (XXL, US)   Health Care Equipment 98 37 61 91
4. Baxter (XXL, US)   Health Care Equipment
4. Baxter (XXL, US)   Health Care Equipment 98 9 51 36
5. Teleflex (L, US)   Health Care Equipment
5. Teleflex (L, US)   Health Care Equipment 94 31 98 100
6. Invacare (L, US)   Health Care Equipment
6. Invacare (L, US)   Health Care Equipment 90 11 42 45
7. ICU Medical (L, US)   Health Care Supplies
7. ICU Medical (L, US)   Health Care Supplies 82 3 35 30
8. NuVasive (L, US)   Health Care Equipment
8. NuVasive (L, US)   Health Care Equipment 80 25 34 23
9. Integra LifeSciences (L, US)   Health Care Equipment
9. Integra LifeSciences (L, US)   Health Care Equipment 80 3 34 20
10. Globus Medical (L, US)   Health Care Equipment
10. Globus Medical (L, US)   Health Care Equipment 69 71 83 57

December 28, 2023. Top 10s are published weekly following the . ( or for more stocks)


D.J. US Medical Top 10: Growth Investment Strategy

TOP 10 Growth Investment Strategy Growth Strategy GROWTH Value Strategy VALUE Combined Strategy COMBINED 360° Strategy 360° VIEW
1. IDEXX (XL, US)   Health Care Equipment
1. IDEXX (XL, US)   Health Care Equipment 89 1 7 37
2. Integer (L, US)   Health Care Equipment
2. Integer (L, US)   Health Care Equipment 89 51 68 92
3. Steris (XL, GB)   Health Care Equipment
3. Steris (XL, GB)   Health Care Equipment 87 29 25 53
4. CONMED (L, US)   Health Care Equipment
4. CONMED (L, US)   Health Care Equipment 79 67 48 54
5. Intuitive Surgical (XL, US)   Health Care Equipment
5. Intuitive Surgical (XL, US)   Health Care Equipment 71 6 41 72
6. Globus Medical (L, US)   Health Care Equipment
6. Globus Medical (L, US)   Health Care Equipment 71 69 83 57
7. Boston Scientific (XL, US)   Health Care Equipment
7. Boston Scientific (XL, US)   Health Care Equipment 67 19 12 51
8. West (L, US)   Life Sciences Tools & Services
8. West (L, US)   Life Sciences Tools & Services 65 26 73 89
9. Stryker (XXL, US)   Health Care Equipment
9. Stryker (XXL, US)   Health Care Equipment 65 49 37 84
10. Haemonetics (L, US)   Health Care Supplies
10. Haemonetics (L, US)   Health Care Supplies 63 68 67 90

December 28, 2023. Top 10s are published weekly following the . ( or for more stocks)


D.J. US Medical Top 10: Safety Investment Strategy

TOP 10 Safety Investment Strategy Safety Strategy SAFETY Value Strategy VALUE Combined Strategy COMBINED 360° Strategy 360° VIEW
1. Intuitive Surgical (XL, US)  Health Care Equipment
1. Intuitive Surgical (XL, US)   Health Care Equipment 100 6 41 72
2. Align (XL, US)  Health Care Supplies
2. Align (XL, US)   Health Care Supplies 100 27 43 78
3. Globus Medical (L, US)  Health Care Equipment
3. Globus Medical (L, US)   Health Care Equipment 95 69 83 57
4. Edwards Lifesciences (XL, US)  Health Care Equipment
4. Edwards Lifesciences (XL, US)   Health Care Equipment 93 10 64 51
5. West (L, US)  Life Sciences Tools & Services
5. West (L, US)   Life Sciences Tools & Services 93 26 73 89
6. Teleflex (L, US)  Health Care Equipment
6. Teleflex (L, US)   Health Care Equipment 86 94 98 100
7. Merit Medical Systems (L, US)  Health Care Supplies
7. Merit Medical Systems (L, US)   Health Care Supplies 81 31 47 84
8. Hologic (XL, US) ☀  Health Care Equipment
8. Hologic (XL, US) ☀   Health Care Equipment 72 40 23 31
9. Invacare (L, US)  Health Care Equipment
9. Invacare (L, US)   Health Care Equipment 61 90 42 45
10. ICU Medical (L, US)  Health Care Supplies
10. ICU Medical (L, US)   Health Care Supplies 54 82 35 30

December 28, 2023. Top 10s are published weekly following the . ( or for more stocks)


D.J. US Medical Top 10: Combined Investment Strategy

TOP 10 Combined Investment Strategy Combined Strategy COMBINED Value Strategy VALUE Growth Strategy GROWTH 360° Strategy 360° VIEW
1. Teleflex (L, US)  Health Care Equipment
1. Teleflex (L, US)   Health Care Equipment 98 94 31 100
2. Globus Medical (L, US)  Health Care Equipment
2. Globus Medical (L, US)   Health Care Equipment 83 69 71 57
3. Zimmer (XL, US)  Health Care Equipment
3. Zimmer (XL, US)   Health Care Equipment 80 100 33 56
4. West (L, US)  Life Sciences Tools & Services
4. West (L, US)   Life Sciences Tools & Services 73 26 65 89
5. Cooper (XL, US)  Health Care Supplies
5. Cooper (XL, US)   Health Care Supplies 69 64 45 52
6. Integer (L, US)  Health Care Equipment
6. Integer (L, US)   Health Care Equipment 68 51 89 92
7. Haemonetics (L, US)  Health Care Supplies
7. Haemonetics (L, US)   Health Care Supplies 67 68 63 90
8. Edwards Lifesciences (XL, US)  Health Care Equipment
8. Edwards Lifesciences (XL, US)   Health Care Equipment 64 10 51 51
9. ResMed (XL, US)  Health Care Equipment
9. ResMed (XL, US)   Health Care Equipment 63 67 45 66
10. Becton Dickinson (XXL, US)  Health Care Equipment
10. Becton Dickinson (XXL, US)   Health Care Equipment 61 98 37 91

December 28, 2023. Top 10s are published weekly following the . ( or for more stocks)


☀ This company has a special achievement which is documented on its stock research page.

Top 10 lists may contain fewer than 10 stocks due to Obermatt’s top 10 quality standards.

Top 10 Stocks from the purely fact-based Obermatt Method in the stock index Dow Jones U.S. Medical Equipment Index from December 28, 2023.

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