Reasons to Retain BSX Stock in Your Portfolio for Now
Boston Scientific(BSX) ZACKS·2024-11-19 22:26
Boston Scientific’s (BSX) growth in the third quarter of 2024 was backed by its successful expansion of operations across different geographies outside the United States. Its recent acquisitions are expected to drive revenue growth in the long term. Meanwhile, headwinds, such as currency movements and dull macroeconomic conditions, raise concern for Boston Scientific.In the past year, this Zacks Rank #3 (Hold) company’s shares have rallied 66.1% compared with the industry’s 21.4% growth and the S&P 500 comp ...