Professional
Added to YB: 2024-07-30
Pitch date: 2024-06-30
GEHC [bullish]
GE HealthCare Technologies Inc.
+7.43%
current return
Author Info
No bio for this author
Company Info
GE HealthCare Technologies Inc. engages in the development, manufacture, and marketing of products, services, and complementary digital solutions used in the diagnosis, treatment, and monitoring of patients in the United States, Canada, and internationally.
Market Cap
$38.5B
Pitch Price
$78.15
Price Target
N/A
Dividend
0.17%
EV/EBITDA
11.69
P/E
17.49
EV/Sales
2.24
Sector
Health Care Equipment and Supplies
Category
special_situation
Oakmark Equity And Income Fund New Position: GE HealthCare Technologies Inc.
GEHC: Spun off from GE Jan '23. Expect higher margins & organic growth from increased focus, aligned mgmt & improved culture. Well-positioned for AI-enabled software & precision care trends in healthcare. Undervalued vs peers due to stale perception, ignoring self-help potential & improving industry. Opportunity to buy at discount to quality medtech cos.
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