Don’t Count Out ICU (ICUI) Medical Yet; Barron’s

ICU Medical ICUI, the maker of intravenous systems which deliver a painless delivery system, is a leading company in its industry. The first quarter results were lower than the expectations, which have put downward pressure on the stock. The company lost around $42 million in its market capitalization and dropped to $430 million. The stock declined by 10% compared to a year earlier and is now trading $32 per share. However, Barron’s points out that the company has products that will never go obsolete and this makes the stock attractive.