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medical equipment posts

Is a Bottom in Place with Becton?

Posted Jul 13th 2010 5:00PM by Joseph Lazzaro (RSS feed)
Filed under: Stocks to Buy

Just call it a 'June Swoon' for Becton Dickinson and Co. (BDX), as the shares have dropped to about $69.50 from highs above $80 this spring. Even so, the business model, first discussed here on March 17, 2009 at a price of $65.66, remains preferred in these circles. Here's why:

In FY2010 Becton's revenue growth should total about 5-7%, after essentially flat revenue in FY2009. Hospital spending cutbacks will hurt, but BDX should make up for that with increased government orders, lower operating costs, and moderating raw material costs. Becton's medical and diagnostic units will also likely register revenue growth at or above 5-6% in 2010; its bioscience unit will register more-modest gains.

Continue reading Is a Bottom in Place with Becton?

Top Picks for 2010: Becton, Dickinson (BDX)

Posted Dec 28th 2009 5:00PM by Steven Halpern (RSS feed)
Filed under: Newsletters, Stocks to Buy, Best Stocks for 2010

This post is part of a special report, Top Picks for 2010, the 27th annual survey in which TheStockAdvisors.com asks the nation's leading advisors for their single favorite stock for the new year. See all 80 stocks listed here.

"Medical equipment giant Becton, Dickinson and Co. (BDX) is our top investment pick for the coming year," says Jonas Elmerraji. Here's his review from the advisor's Rhino Stock Report.

"If anything's certain for 2010, it'll be that nothing's certain as far as stocks are concerned. With a substantial rally that's pushed the valuations of major indexes like the S&P 500 and Dow more than 60% higher since mid-March lows, it's inevitable for investor anxiety to spill over into the New Year.

Continue reading Top Picks for 2010: Becton, Dickinson (BDX)

Sideways stock movement likely over for Becton Dickinson

Posted Oct 22nd 2009 4:30PM by Joseph Lazzaro (RSS feed)
Filed under: Stocks to Buy

Medical equipment giant Becton Dickinson's (NYSE: BDX) stock has meandered since recommended on March 17, 2009 at a price of $65.66, with volatility, most likely due to U.S. federal health care reform legislation uncertainty, but look for better quarters ahead, when the dust settles, which is why I'm reiterating my Buy rating for the company's shares.

In FY2010, Becton's revenue growth should total about 5-7%, after essentially flat revenue in FY2009. Hospital spending cutbacks will hurt, but BDX will make up for the aforementioned with increased government orders, lower operating costs, and moderating raw material costs.

Continue reading Sideways stock movement likely over for Becton Dickinson