By Jay Fitzgerald – A blog about Boston, Hub of the Universe, and everything else.


Boston Scientific is Massachusetts’ most valuable public company? Boston Scientific?


At one point last decade, I sort of assumed Boston Scientific had become a perennial loser, one of those has-been companies whose best days were permanently behind it, sort of like Digital Equipment, Wang Laboratories, GE etc., etc. But guess what? Boston Scientific is back. And it’s now Massachusetts’ most valuable public company, helped by a 19 percent stock price gain since the start of the year and a corresponding loss of 21 percent by reigning local king Thermo Fisher, as the BBJ reports. … Take a gander at BS’s stock performance since 2000, starting the new century at a low of $6.44 a share, then experiencing a brief bump around 2004 before collapsing again to $5.14 in 2012. But it’s been a mostly steady-eddie climb since then. Impressive. … BSX stock chart via Yahoo Finance. 

Update – Here’s a look at BS’s revenue numbers since the mid-1990s. Notice the 2008-2013 revenue slump, followed by a subsequent rise fueled most recently by a major acquisition spree. They threw money at the growth problem — and some of it stuck.

Update II — 5.22.25 – And some things never change. From the BBJ: “Boston Scientific CEO buys Palm Beach County mansion for $17 million.”

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