Stephen Simpson, CFA
Long only, growth at reasonable price, value, research analyst

Wright Medical Has The Right Stuff, But Isn't Cheap

Extremities remain a popular growth market within orthopedics and med-tech, and that has kept Wright Medical Group (NASDAQ:WMGI) a pretty popular stock. With mostly solid fourth quarter results and guidance, and growing expectations for more M&A in the space, I don't think Wall Street is in a hurry to jump off this name just yet. The valuation doesn't really look a huge bargain, though, so investors buying into Wright Medical should realize that any interruptions in growth could bring swift and severe punishment for the market.

Lower Extremities, Higher Revenue

Wright Medical reported 16% growth for the fourth quarter, with organic growth coming in at 11%. That was quite a bit better than rival extremities company Tornier (NASDAQ:...

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