Monday, May 6, 2013

Investopedia: In A Growth-Starved Sector, Becton Dickinson Rules

It's a curious thing that investors' desire for short-term growth will often lead them to pay what looks like much too high a price for a company's long-term stream of cash flows. Although I wouldn't necessarily say that Becton Dickinson's (NYSE:BDX) current price is “much too high”, I do believe the stock is trading above its long-term fair value due to the fact that it's one of the few top-line growth stories in a very growth-challenged healthcare sector.

Please click below to continue:

No comments: