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Baxter's key is versatility

 Oct 22, 2009 08:00 PM UTC
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Graphic_arrow1 Via BloggingStocks:  

Filed under: Baxter Intl (BAX), Stocks to Buy

Although Baxter International's (NYSE: BAX) shares have underperformed since the Buy rating on March 13, 2009 at a price of $51.16, there's been no change in the company's positive operational characteristics, hence I'm Reiterating my Buy rating.

And what's Baxter's key operational characteristic? Versatility. Baxter makes of a variety of medical products across three divisions, including drugs and vaccines, dialysis equipment, and IV supplies. The company should record a FY2009 revenue increase of 2-4%, led by demand for recombinants, plasma proteins, and antibody therapies in its bioscience unit.

Continue reading Baxter's key is versatility

Baxter's key is versatility originally appeared on BloggingStocks on Thu, 22 Oct 2009 15:00:00 EST. Please see our terms for use of feeds.

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