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ANGO - Real Change At AngioDynamics Or Just Another Reshuffling Of A Lackluster Deck?
AngioDynamics Inc.
AngioDynamics (ANGO) has been a crappy stock over the long term, with a 10-year annualized return of only a bit more than 5% and a 15-year annualized return that is even worse. Over that same period, Medtronic (MDT) would have earned you about 12%/year, Becton, Dickinson (BDX) 15%, and Teleflex (TFX) close to 23%. And lest you think this is a case of Wall Street losing the thread, annualized revenue growth at AngioDynamics has been just 6% over the past decade – well below what the Street