TheStreet) -- A
Apple's Decade: How It Can Hit $500
Biotech Stock Mailbag: FDA Playbook
Medtronic was the biggest winner in the medical equipment and supplies sector on Tuesday, though its key competitors surged on its good earnings report and a more positive outlook on sales of cardiac medical devices. Boston Scientific (BSX - Get Report) shot up 4.9%; while St. Jude Medical (STJ - Get Report) was up 4% at the close. An analyst initiation of coverage also led to one of the largest gainers in the sector on Tuesday. Morgan Keegan initiated coverage of Cooper Companies (COO) with a rating of outperform, and the stock price shot up 5.9% on Monday.
The healthcare sector as a whole was up slightly, with a gain of 0.5%.
-- Reported by Eric Rosenbaum in New YorkFollow TheStreet.com on Twitter and become a fan on Facebook.
Check Out Our Best Services for Investors
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Model portfolio
- Stocks trading below $10
- Intraday trade alerts