With restrictions easing, is the Cochlear (ASX:COH) share price a buy?

with restrictions easing is the cochlear asxcoh share price a buy 1

Sumary of With restrictions easing, is the Cochlear (ASX:COH) share price a buy?:

  • Tribecca Investment Partners portfolio manager Jun Bei Liu thinks so.
  • Cochlear is a global leader in implantable hearing devices, and that’s exactly why Liu believes it’s one to buy now and hold for the future.
  • It currently holds more than 60% of the hearing device market, according to Liu.
  • Liu told LiveWire another reason she thinks Cochlear shares are a buy is because the company works in an under-penetrated market – only 60,000 people receive implantable hearing devices each year.
  • Livewire quoted Liu as saying: Cochlear is the most advanced with a fully implantable device which is likely to be the next major development in the space.

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