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Published on 23 Nov 2022 on Zacks via Yahoo Finance

Here's Why You Should Retain Glaukos (GKOS) in Your Portfolio


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Glaukos Corporation GKOS is well-poised for growth, backed by favorable clinical trial results and a robust product pipeline. However, stiff competition remains a concern.

Shares of this Zacks Rank #3 (Hold) have gained 6.3% against the industry’s decline of 29.2% on a year-to-date basis. The S&P 500 Index has fallen 18.3% in the same time frame.

Glaukos — with a market capitalization of $2.25 billion — is a leading ophthalmic medical technology and pharmaceutical company. It projects earnings growth of 16.3% for 2023 and expects to sustain its strong performance. The company has a trailing negative four-quarter earnings surprise of 7.6%, on average.

NYSE.GKOS price evolution

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