From Motley
Is it time to buy ... Sirtex Medical Limited ....?
Could now be the time to bag a bargain buying shares in ...
Sirtex Medical Limited (ASX: SRX) ?
With all three stocks hitting fresh 52-week lows this week, it certainly could be worthwhile taking a closer look at each company.
Here are some initial thoughts…
Sirtex Medical is one of the ASX’s leading medical device companies with a world-leading treatment for liver cancer. The stock has provided a couple of “scares” to the market in recent times with lower-than-anticipated dose sales causing the latest hiccup.
Although the news flow from Sirtex has arguably been disappointing, the severity of the sell-off may have been an overreaction for what remains a high-quality business.