3 Top Medical Device Stocks to Buy Now

Healthcare investors tend to focus all of their attention on biotechnology or pharmaceutical stocks. That's a shame, because the medical device industry has some wonderful traits that make it a great hunting ground.

For example, some medical devices require users to go through an extensive training period. While that can slow adoption, once they are comfortable with a certain device, those same users tend to become highly resistant to trying a competitor's product. That creates brand loyalty, which smart companies can use to drive big profit growth.

I spent a decade working in the medical device industry, so I saw the power of that brand loyalty firsthand. As a result, I now track the progress of several dozen medical device companies closely.

Source: Fool.com