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Minimally Invasive Surgery

Minimally Invasive Surgery

3.90k followers20 symbols Watchlist by Motif Investing

Global adoption of minimally invasive procedures could spark new growth. The global minimally invasive surgery market is forecast to reach $35.5 billion by the end of 2016 with compound annual growth rate ("CAGR") of 8.2%.

Curated by Motif Investing

Background

A little snip can make a big difference. Patients can expect less operative trauma and faster recovery, while insurers enjoy shorter stays and lower costs. Minimally invasive surgery has become a win-win advancement that's created a $27 billion market as of 2012, up 5.4% as compared with 2010.

Many traditionally "open" surgeries that required incisions as long as 12 inches are now performed with incisions that are often no larger than the diameter of a pencil. Procedures ranging from angioplasty to laparoscopic gall bladder removal can now be done endoscopically, with robotic equipment giving doctors even greater precision and control. So scrub in. We've got work to do.

How did we choose these stocks?

We identified US-listed stocks and American Depository Receipts of companies that are engaged in activities relevant to this watchlist's theme. We then filtered out companies that have a share price of less than $1.00 or a market capitalization less than $100 million, and excluded illiquid stocks by screening companies for liquidity i.e. average bid-ask spreads, dollar volume traded etc. Finally the proprietary Motif Optimization Engine determined the constituent stocks. Learn more about how we select our watchlists.

Who made these selections?

Motif is an online brokerage built on thematic portfolios of up to 30 stocks and ETFs. Founded in 2010 by Hardeep Walia, Motif combines complex proprietary algorithms with skilled advisers to develop these thematic portfolios. Learn more about our team.

How are these weighted?

First, we determined each company's percentage of total revenue derived from this watchlist's theme. Second, we applied a pure-play factor to give greater relative weight to companies that derive a higher percentage of their revenue from this theme. Finally, we weighted each company by its market capitalization adjusted for revenue exposure to the theme.

More details on how we build and weight watchlists are available here.

Performance

WatchlistChange today1-month return1-year returnTotal return
Minimally Invasive Surgery-1.25%+6.88%-5.75%+0.67%
^GSPC-0.02%+4.53%+18.45%+3526.72%

20 symbols

SymbolCompany nameLast priceChange% changeMarket timeVolumeAvg vol (3-month)Market cap
MDTMedtronic plc100.71-0.58-0.57%4:00 pm GMT-42.80M5.59M135.08B
ISRGIntuitive Surgical, Inc.684.52-6.04-0.87%4:00 pm GMT-4280.57k617.93k80.11B
BSXBoston Scientific Corporation39.16-0.59-1.48%4:00 pm GMT-45.47M10.56M56.03B
SNNSmith & Nephew plc41.07-0.92-2.19%4:00 pm GMT-4166.77k515.41k17.78B
HOLXHologic, Inc.66.81-1.31-1.92%4:00 pm GMT-41.01M2.45M17.30B
GMEDGlobus Medical, Inc.54.85-0.29-0.53%4:00 pm GMT-4399.50k1.28M5.36B
NTRANatera, Inc.54.63-1.75-3.10%4:00 pm GMT-4492.63k708.40k4.36B
NUVANuVasive, Inc.53.14+1.46+2.83%4:00 pm GMT-4604.15k952.86k2.72B
CNMDCONMED Corporation85.15-1.31-1.52%4:00 pm GMT-4111.85k334.98k2.43B
GKOSGlaukos Corporation41.92-0.52-1.23%4:00 pm GMT-4227.59k666.56k1.87B
CSIICardiovascular Systems, Inc.31.58-0.53-1.65%4:00 pm GMT-4199.09k354.80k1.25B
ANGOAngioDynamics, Inc.9.33-0.24-2.51%4:00 pm GMT-4146.14k289.79k353.32M
ARAYAccuray Incorporated2.55-0.15-5.73%4:00 pm GMT-4684.00k603.07k230.82M
ELGXEndologix, Inc.0.22-0.07-23.88%4:00 pm GMT-47.80M2.18M4.22M
SPNC----6:07 pm GMT-4---
KTWOK2M Group Holdings, Inc.---6:07 pm GMT-4---
CYNO----6:07 pm GMT-4---
ALOGAnalogic Corporation---6:07 pm GMT-4---
MZORMazor Robotics Ltd.---6:07 pm GMT-4---