Can Edwards Lifesciences Corp. Capitalize on This Opportunity?

Innovative med tech stock Edwards Lifesciences (NYSE: EW  ) has been one of the most exciting stocks to watch in the medical device industry lately. Shares have fallen over the past year, but Edwards' battle to secure dominance in the transcatheter aortic heart valve market, particularly in the U.S., where it won the first approval of a device of its kind for its Sapien heart valve, has been an intense battle. On the other side of the fight, rival Medtronic (NYSE: MDT  ) has remained hot on Edwards' heels, and this year has looked primed to knock down the company's leadership in the U.S. by securing Food and Drug Administration approval for its own competing CoreValve heart valve.

But not so fast, says Edwards. The company on Monday won a legal victory against the CoreValve after a U.S. court placed an injunction against Medtronic's device's sales. While Medtronic answered with a motion to stay that injunction, it will need to file an appeal to continue its momentum in the U.S. market -- and Edwards has one critical time to cement its place as the American leader in this niche before Medtronic and other companies can chip away at its market share.

Can Edwards' stock rally and the Sapien keep sales growth churning higher? In the video below, Motley Fool contributor Dan Carroll takes you through all you need to know regarding the latest in the battle between these two fierce med tech rivals and whether Edwards' stock can emerge as a long-term winner for your portfolio.

Don't miss out on the potential of The Motley Fool's top stock in 2014
Good stocks like Medtronic can boost a portfolio's returns, but the smartest investors know a key secret to market success: There's a huge difference between a good stock and a stock that can make you rich. The Motley Fool's chief investment officer has selected his No. 1 stock for 2014, and it's one of those stocks that could make you rich. You can find out which stock it is in the special free report "The Motley Fool's Top Stock for 2014." Just click here to access the report and find out the name of this under-the-radar company.


Read/Post Comments (0) | Recommend This Article (0)

Comments from our Foolish Readers

Help us keep this a respectfully Foolish area! This is a place for our readers to discuss, debate, and learn more about the Foolish investing topic you read about above. Help us keep it clean and safe. If you believe a comment is abusive or otherwise violates our Fool's Rules, please report it via the Report this Comment Report this Comment icon found on every comment.

Be the first one to comment on this article.

Sponsored Links

Leaked: Apple's Next Smart Device
(Warning, it may shock you)
The secret is out... experts are predicting 458 million of these types of devices will be sold per year. 1 hyper-growth company stands to rake in maximum profit - and it's NOT Apple. Show me Apple's new smart gizmo!

DocumentId: 2917074, ~/Articles/ArticleHandler.aspx, 12/17/2014 9:42:01 PM

Report This Comment

Use this area to report a comment that you believe is in violation of the community guidelines. Our team will review the entry and take any appropriate action.

Sending report...


Advertisement