Zoll Medical Has Hearts Pounding

[Stocks-to-Watch]

Here’s one stock today that isn’t on its way down today.*Zoll Medical (ZOLL), the maker of emergency care devices, jumped 23% or $8.20 a share to $43.86 after announcing quarterly financial results that bested expectations and plans to buyback stock.

On Thursday, Zoll said it earned 52 cents a share on sales of $151.9 million. Analysts polled by Thomson Reuters were looking for a profit of 49 cents a share on sales of $143 million.

Zoll’s board, meanwhile, green lighted the repurchase of up to $50 million in common shares.



Original Article Source by Barrons.com