Reasons to Hold Baxter International (BAX) in Your Portfolio
BAXBaxter(BAX) Zacks Investment Research·2024-04-11 01:01

Baxter International (BAX) is poised for growth, given the demand for its medically essential products, coupled with transformational actions. However, inflationary pressure remains a concern. Shares of this Zacks Rank #3 (Hold) company have gained 10.8% year to date compared with the industry's 5.3% growth. The S&P 500 Index has increased 9.4% in the same time frame. BAX, with a market capitalization of $21.46 billion, is a global medical technology company providing items such as kidney-dialysis equipment ...