People who are interested in buying stocks that are going to do well kept a close eye on VNUS Medical Technologies last year and at the beginning of this year. Many of those people saw that the VNUS Closure Fast vein treatment system created by this company was really taking off and they made their investments. Those who didn't are starting to wish that they did because those stocks have just been climbing ever since.
Shares saw a spike recently after a Roth analyst changed the rating on VNUS from "hold" to "buy". The reason for the change was primarily because of the success of the VNUS Closure Fast system. However, it was also due to events that VNUS has planned which should raise awareness and interest in VNUS procedures and products.
The change was also due to the fact that it is believed that VNUS has a good chance of winning the patent litigations lawsuits that it's going to trial with next month. If it does, the company will gain a good chunk of money and be in an even better position to move forward in the market.
Question of the Day: Is it too late to make a smart investment in VNUS?
