Topic: How To Invest

Q: I’d appreciate your comments on Integer Holdings. It looks like a good stock. Thanks for all your great recommendations over the years!

Article Excerpt

A: Integer Holdings Corp., $140.00, symbol ITGR on New York (Shares outstanding: 33.5 million; Market cap: $4.6 billion; www.integer.net), is among the world’s largest medical device outsource (MDO) manufacturing companies. It serves cardiac rhythm, neuromodulation, orthopedics, vascular, surgical, and portable medical markets. Integer’s main customers include large, multinational original equipment manufacturers (OEMs), such as Abbott Laboratories, Boston Scientific and Medtronic. The company’s three main product lines are Cardio & Vascular, Cardiac Rhythm Management & Neuromodulation, and Advanced Surgical Orthopedics & Portable Medical. The Cardio & Vascular (C&V) line includes a full range of components, subassemblies and finished devices. They are used in interventional cardiology, structural heart, heart failure, and other procedures. The line includes catheter and wire-based technologies, and electrophysiology products used to treat cardiac arrythmias. The Cardiac Rhythm Management & Neuromodulation (CRM&N) line offers components, sub-assemblies, assemblies, and finished medical device systems. These include implanted medical devices, implanted leads, and procedure accessories for CRM. Like the CRM line, the neuromodulation line offers implantable…