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Is Abiomed a Bad-News Buy Right Now?


2019 has been a rotten year for Abiomed's (NASDAQ: ABMD) investors. Shares of the temporary heart pump maker have fallen more than 40% since January in response to a slew of negative headlines. Meanwhile, Abiomed's revenue and net income have continued to grow. The combination has pulled the company's valuation down to the lowest level in years.

Is Abiomed a "bad news" buy, or are shares too risky to touch?

Image source: Getty Images.

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Source Fool.com

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