A Reluctant Bear on Boston Scientific

Since mid-year, Boston Scientific (BSX) has risen more than 24%, compared to 3.5% for the Standard & Poor's 500 Index. In the past 12 months, it has shot up more than 109%, compared with 20.6% for the index. Regrettably, though, I think the party is over.

Much of the recent gain in the stock was driven by good sales of endoscopes, surgical probes with tiny cameras that provide surgeons with real-time views of body cavities such as the colon or stomach. Some endoscopes can also do certain surgical functions, such as taking biopsy samples or snipping off polyps....352 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.

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