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Bookkeeping: Initiating NuVasive (NUVA) Position

 Sep 02, 2008 03:38 PM UTC
Tradermark
Return Risk
-12.43% LOW
Analyst
Symbol Sentiment Start Return Closed
MDT n/a
NUVA Positive 09/02/08 -29.01% --
ISRG n/a

Graphic_arrow1 Via Fund my Mutual Fund:  

NuVasive (NUVA) is a medical equipment stock I've been following for years; it's had long period of lulls followed by huge moves. We highlighted this stock in late July [Jul 25: NuVasive - At What Price Growth? It Seems "Any"] when it traded at a similar price to today. I wrote

I am reviewing an old watch list with a handful of "medical device" names I followed around the time I found Intuitive Surgical (ISRG) back in the middle part of the decade. NuVasive (NUVA) was a name that had one big pop at the time, and then traded sideways for a long time (between $15 - low $20s) for a long time. So I stopped following the name. Well it appears the past few years to have broken that range. This is yet another name where valuation makes little sense to me but this market is so starved of non commodity "growth", that market players appear willing to pay any price. The st...




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ROCK-STAR INVESTORS
Rank Name Sharpe Ratio Avg Return Followers
1 19.61 +43.19% 177
2 18.26 +42.29% 57
3 16.35 +17.71% 7
4 14.95 +39.54% 212
5 13.77 +16.71% 40


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