Hologic Climbs 13% in a Month: How Should You Play the Stock?
Key Takeaways HOLX shares climbed 13.3% in 30 days, outperforming the broader Medical sector and key competitors. Hologic shares rallied after rejecting a $16.7 billion buyout offer from PE giants, TPG and Blackstone. Diagnostics and Surgical growth and international opportunity support Hologic's long-term upside potential.After lagging for months, Hologic (HOLX) has picked up momentum in recent weeks. Shares of the Marlborough, MA-based company have climbed 13.3% over the past month, higher than the indu ...