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CVRS - Corindus Vascular Robotics: A Strong Buy In The Emerging Surgery Robotics Industry
Corindus Vascular Robotics Inc. (DE)
The stock price of Corindus Vascular Robotics, Inc. (CVRS) has been steadily climbing up during the past year. It has gone up by 87% for the past year, reaching $3.00 as of June 2019. This is a rare success considering the US equity market has been declining since the latter half of 2018, due to geopolitical risks of Brexit and China-US trade war and global economic slowdown. What are the factors that drive the price increase of CVRS? Going forward, will CVRS be able to maintain the momentum for growth?