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Short-term Underperformance Detected in Shares of Cynosure in the Health Care Equipment Industry (CYNO, VOLC, CYBX, BCR, PMTI)

Published on Thu, 03/21/2013 - 07:26
By Robert Cotter

Below are five companies in the Health Care Equipment industry that underperformed yesterday on a relative basis. This analysis was compiled based on yesterday's trading activity as we search for stocks that have could possible underperform its peers going forward.

Cynosure (NASDAQ:CYNO) ranks first with a loss of 2.50%; Volcano (NASDAQ:VOLC) ranks second with a loss of 0.71%; and Cyberonics (NASDAQ:CYBX) ranks third with a loss of 0.41%.

CR Bard (NYSE:BCR) follows with a loss of 0.18% and Palomar Medical Technologies (NASDAQ:PMTI) rounds out the bottom five with a loss of 0.15%.

Cynosure Inc. develops and manufactures lasers for medical and aesthetic treatment applications, including leg veins, hair removal, scar revision, port-wine birthmarks, facial spider veins, stretch marks, tattoos, and pigmented lesions.

By Robert Cotter
rcotter@fnno.com