Why These 3 Top Medical Tech Companies Rose More Than 12% in May

Shares of several medical device makers and medical technology companies beat the market in May, according to data provided by S&P Global Market Intelligence. They included Masimo Corporation (NASDAQ: MASI), up 12.3%, Intuitive Surgical (NASDAQ: ISRG), up 13.5%, and Align Technology (NASDAQ: ALGN), up 14.3%.

All three companies' shares handily beat the S&P 500 index, which rose by only 4.5% for the month. All three are also now in positive territory for the year.

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Source Fool.com