On Friday, the U.S. Food and Drug Administration announced that medical devices in sold in the U.S will now require a unique code, identifying its make, manufacture date and lot number. AdvaMed, an industry group that represents manufacturers such as Medtronic Inc., Boston Scientific Corp. and Abbot Laboratories, believes that the new system "will be costly and challenging endeavor, affecting all medical technology manufacturers. It is imperative that it is implemented correctly the first time." Here is how some medical device companies reacted Friday:

Abbott Laboratories (NYSE: ABT) shares traded in the range of $35.21 to $35.47 Friday before settling to close at $35.29, a decrease of 0.14 percent. The stock appears to be facing some resistance at the $35.74 and $36.29 levels with some support at $34.98.

More information on Abbott Laboratories and access to the free equity report can be found at:
www.WallStreetFundamentals.com/ABT

Boston Scientific Corporation (NYSE: BSX) shares traded in the range of $11.62 to $11.85 Friday before settling to close at $11.63, a decrease of 0.94 percent. The stock appears to be facing some resistance at the $11.76 and $12.09 levels with some support at $11.35. Shares of Boston Scientific have gained over 100.0 percent in 2013.

More information on Boston Scientific and access to the free equity report can be found at:
www.WallStreetFundamentals.com/BSX

Medtronic, Inc. (NYSE: MDT) shares traded in the range of $53.65 to $54.30 Friday before settling to close at $53.71, a decrease of 0.54 percent. The stock appears to be facing some resistance at the $54.76 and $55.60 levels with some support at $53.70. Shares of Medtronic have gained over 30.0 percent in 2013.

More information on Medtronic and access to the free equity report can be found at:
www.WallStreetFundamentals.com/MDT

St. Jude Medical, Inc. (NYSE: STJ) shares traded in the range of $53.58 to $54.14 Friday before settling to close at $53.67, a decrease of 0.41 percent. The stock appears to be facing some resistance at the $53.73 and $55.83 levels with some support at $52.59. Shares of St. Jude Medical have gained approximately 48.0 percent in 2013.

More information on St. Jude Medical and access to the free equity report can be found at:
www.WallStreetFundamentals.com/STJ

Wall Street Fundamentals offers our members a full range of investor services including in-depth equity reports on your favorite companies and timely market updates featuring the hottest stocks trending in the marketplace.

Activate your always free membership by signing up at www.WallStreetFundamentals.com today.

Disclaimer: Information, opinions and analysis contained herein are based on sources believed to be reliable, but no representation, expressed or implied, is made as to its accuracy, completeness or correctness. The opinions contained herein reflect our current judgment and are subject to change without notice. We accept no liability for any losses arising from an investor's reliance on or use of this report. This report is for information purposes only, and is neither a solicitation to buy nor an offer to sell securities. Certain information included herein is forward-looking within the meaning of the Private Securities Litigation Reform Act of 1995, including, but not limited to, statements concerning manufacturing, marketing, growth, and expansion. Such forward-looking information involves important risks and uncertainties that could affect actual results and cause them to differ materially from expectations expressed herein. Wall Street Fundamentals has no financial relationship with any company whose stock is mentioned in this release.

Contact:
Wall Street Fundamentals
Website: www.WallStreetFundamentals.com
Email: editor@wallstreetfundamentals.com