Medical Equipment Stocks Rally as BioMet Shows Solid US Growth (SYK) (ZMH) (WMGI) (ARTC)

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Stocks in the Medical Equipment sector have spiked into positive territory Friday morning following preliminary US sales results from private peer BioMet. The company expects fourth-quarter sales to rise about 3 percent to $740 million. Sales of the company's artificial hips are expected to be up 8 percent during the quarter, while sales of artificial knees will likely be up about 6 percent.

Around the sector:

• Stryker (NYSE: SYK) up 2.7 percent
  
• Zimmer Holdings (NYSE: ZMH) up 3.7 percent
  
• Wright Medical (Nasdaq: WMGI) up 2 percent
  
• ArthroCare (Nasdaq: ARTC) up 1.4 percent

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