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Jara Herron, the owner of a salon and day spa in Tulsa, Okla., had just given birth to her seventh child about six years ago when she suddenly felt her chest getting tighter.
When she got to the hospital, Herron learned she was having a heart attack. Her organs soon began to fail, so doctors put her into a medical coma.
Because Herron was not a candidate for a heart transplant, her doctors instead turned to the world's smallest heart pump, one that can be inserted with a noninvasive catheter. That heart pump saved Herron's life.
And it's done the same thing for thousands of other patients around the United States.
But that's far from the only thing this innovative heart pump has done.
It's also helped hand investors 569% gains.
Its maker is a cutting-edge medtech firm with deep expertise with heart patients.
Those big gains are just a start for this life sciences leader.
In fact, it's set to double your money in as little as two years…
The Red Sox Factor
To get a sense of this firm's impact on heart patients, consider Boston's Fenway Park. That storied facility seats 37,673 people.
The sophisticated heart pumps from Abiomed Inc. (Nasdaq: ABMD) – including the Impella pump that saved Jara Herron – have saved more lives than that in recent years.
Abiomed's technicians designed the heart pumps for percutaneous coronary intervention (PCI, formerly known as angioplasty with stent) procedures. Using a long tube, doctors insert one of the pumps into a vein near the groin, and then run it up to the heart.
After that, the tiny motorized device begins to pump the blood properly. Surgeons use the device to stabilize patients after a heart attack or a high-risk procedure such as open-heart surgery.
Once it starts stimulating blood flow, the Impella pump gives the heart a chance to rest and recover while doctors continue helping the patient recover. Depending on the model in question, the Impella can remain in the body for up to six days.
This is nothing short of vital lifesaving gear. According to the Centers for Disease Control and Prevention, 610,000 Americans die from heart disease each year.
Thus, we know Abiomed has a great product that addresses a massive market.
That's great from a healthcare and technology point of view.
But what we're here for is the moneymaking perspective.
I already told you I believe Abiomed can double our money in the two years.
To see how that's going to happen, let's run it through the five "filters" of Your Tech Wealth Blueprint…
Tech Wealth Rule No. 1: Great Companies Have Great Operations
These are well-run firms with top-notch leaders.
Armed with an engineering management degree from the U.S. Military Academy at West Point, CEO Michael R. Minogue served as an infantry officer in the First Gulf War and was awarded a Bronze Star.
Minogue joined Abiomed in 2004 after serving in several management posts at GE Healthcare, one of the world's largest medtech operations. Beyond luring several members of his senior exec team from his alma mater, his chief medical officer formerly served as a cardiac care advisor to the U.S. Food and Drug Administration.
Under Minogue, Abiomed has grown sales roughly 1,800%. Just in the past five years, he has added 569% in shareholder returns. The firm boasts 22% operating margins and a 16% return on equity. It has nearly $251 million in cash on hand and almost no debt.
Tech Wealth Rule No. 2: Separate the Signals from the Noise
To create real wealth, you have to ignore the hype and find companies with rock-solid fundamentals.
This is no hype machine. Instead, every aspect of Abiomed's outreach is geared toward heart patients and improving their lives. This soft-sell approach, along with success stories, creates word-of-mouth marketing among patients and their doctors.
During the election last fall, the stock came under pressure along with the rest of the healthcare sector on fears that life sciences firms would be out of favor in Washington.
But the firm has the right products in place to profit no matter the politics of the moment. On June 9, 19 patients who used its products went to Congress to brief a panel on how Abiomed's pumps had saved their lives.
Tech Wealth Rule No. 3: Ride the Unstoppable Trends
We look for stocks in red-hot sectors because they offer the best chance for life-changing gains.
Abiomed is targeting a major trend that will last for at least the next 15 years: the aging of the 76.5 million U.S. baby boomers. Also, heart disease is on the rise along with obesity rates.
According to the CDC, heart disease and related conditions account for $1 out of every $6 spent on healthcare.
Based on a Forbes estimate that U.S. medical spending totals more than $3.8 trillion a year, Abiomed is targeting a $600 billion market packed with profit-making opportunities.
Tech Wealth Rule No. 4: Focus on Growth
About the Author
Michael A. Robinson is one of the top financial analysts working today. His book "Overdrawn: The Bailout of American Savings" was a prescient look at the anatomy of the nation's S&L crisis, long before the word "bailout" became part of our daily lexicon. He's a Pulitzer Prize-nominated writer and reporter, lauded by the Columbia Journalism Review for his aggressive style. His 30-year track record as a leading tech analyst has garnered him rave reviews, too. Today he is the editor of the monthly tech investing newsletter Nova-X Report as well as Radical Technology Profits, where he covers truly radical technologies – ones that have the power to sweep across the globe and change the very fabric of our lives – and profit opportunities they give rise to. He also explores "what's next" in the tech investing world at Strategic Tech Investor.