Published on 11 Apr 2024 on Zacks via Yahoo Finance
Lantheus Holdings, Inc. (LNTH) Is a Trending Stock: Facts to Know Before Betting on It
Lantheus Holdings (LNTH) is one of the stocks most watched by Zacks.com visitors lately. So, it might be a good idea to review some of the factors that might affect the near-term performance of the stock.
Shares of this diagnostic imaging company have returned +0.3% over the past month versus the Zacks S&P 500 composite's +0.8% change. The Zacks Medical - Products industry, to which Lantheus Holdings belongs, has lost 3.4% over this period. Now the key question is: Where could the stock be headed in the near term?
While media releases or rumors about a substantial change in a company's business prospects usually make its stock 'trending' and lead to an immediate price change, there are always some fundamental facts that eventually dominate the buy-and-hold decision-making.