Topic: How To Invest

Q: I have a small position in Integer Holdings and am thinking of adding to it. Your thoughts on it going forward? Thanks.

Article Excerpt

A: Integer Holdings Corp., $112.64, symbol ITGR on New York (Shares outstanding: 33.4 million; Market cap: $3.6 billion; Manufacturing & Industry sector; TSINetwork Rating: Average; www.integer.net), is one of the world’s largest medical-device-outsource (“MDO”) manufacturers. It serves several markets: cardiac rhythm management, neuromodulation, orthopedics, vascular, advanced surgical and portable medical. The company uses its expertise in design, development and manufacture to provide customers with components, sub-assemblies, assemblies, and finished medical device systems. Integer also makes customized rechargeable batteries and chargers for medical devices. That equipment includes monitors, ventilators, portable defibrillators, portable ultrasound, X-ray machines, and hearing devices. The company’s batteries are also used outside medicine in remote and demanding environments such as in down-hole pipeline tools, military devices, and oceanographic buoys. Integer’s battery brands include Greatbatch Medical, Lake Region Medical, and Electrochem. On January 10, 2024, the company announced the acquisition of Pulse Technologies Inc., a privately held contract manufacturing company focused on complex micromachining of medical device components. Those components are used in high-growth…