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Medical Device STAAR Surgical Stock Trades Within Buying Range With Earnings On Deck

STAAR Surgical (STAA) is expected to report earnings on May 5. The stock is still trading right around the 128.33 buy point from a fourth-stage cup without handle that it cleared on Apr 21. Read “Looking For The Next Big Stock Market Winners? Start With These 3 Steps” for more tips.

 




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Be aware that it’s risky to buy any stock just before it reports. You can reduce your exposure by waiting to see the actual numbers and the market’s reaction.


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STAAR Surgical stock reported 17% earnings-per-share growth last quarter, while sales growth came in at 18%.

Consensus analyst estimates call for EPS growth to be flat for the quarter, and 3% growth for the full year. Annual growth estimates were recently revised lower.

The California-based company has a 92 Composite Rating and holds the No. 4 rank among its peers in the Medical-Products industry group. Align Technology (ALGN) is the top-ranked stock within the group.

Note: Dates for earnings reports are subject to change. Check the company’s website for any updates.

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