Profitable investing is what we, hopefully, all strive to achieve. However, I love investing in companies that, while focused on returning capital to shareholders, are also beneficial to society. Abiomed (ABMD) could not be more successful at both. Not only is the company killing it on a performance basis, but also literally saving lives.
Abiomed gives weary hearts a rest. The company has developed a range of cardiac assist devices and is developing a self-contained artificial heart. Its Impella micro heart pumps can temporarily take over blood circulation during surgery or catheterization. Moreover, its AB5000