Reasons to Retain GE HealthCare Stock in Your Portfolio Now

GE HealthCare Technologies, Inc. (GEHC) is well-poised for growth in the coming quarters, courtesy of its continued focus on innovations. The optimism, led by strong second-quarter fiscal 2024 performance and acquisitions, is expected to contribute further. However, geopolitical tensions and stiff competition are concerning. This Zacks Rank #3 (Hold) company's shares have gained17.8% in the year-to-date period against 8.8% decline of the industry. The S&P 500 Composite has risen 20% during the said time fra ...