In this otherwise grim market, one industry that’s poised to break through the shackles of the bears is the medical device industry, which was recently buoyed by news of the two-year suspension of the special tax on medical devices.
According to the Congressional Budget Office, this tax suspension could translate to savings to the tune of $5 billion for the medical device industry.
Taking a cue from this development, we’ve rounded up six top-quality stocks in the medical device industry that can take advantage of the tax relief and give your portfolio a boost.