Tag Archives: cern

2 Hot Medical Stocks Report Earnings On Tuesday

Two hot medical stocks report fourth-quarter earnings on Tuesday. Regeneron (REGN), which develops drugs to treat eye diseases and cancer, reports before the open. Its earnings growth is projected to triple. Shares have risen 35% over the last 12 months. Medical record software maker Cerner (CERN) reports after the close. Earnings growth is expected to accelerate for a third straight quarter. Its stock has gained 21% over the last 12 months.

Cerner Takes Medical IT Drive Global With Siemens Buy

Traditionally, IBD’s Computer Software-Medical group hasn’t been a land of giants. With the automation of doctors’ back offices being a fairly recent trend, the field has been a playland of startups, many of them having gone public within the last decade. But on Aug. 5, Cerner (CERN), already the largest player in the group, announced it would nearly double in size with the $1.3 billion acquisition of Siemens’ (SIEGY) health IT unit. Combined, the