Here's Why You Should Retain BDX Stock in Your Portfolio for Now

Becton, Dickinson and Company (BDX) , popularly known as BD, is well-poised for growth in the coming quarters, courtesy of its solid product portfolio. The optimism led by a solid fourth-quarter fiscal 2024 performance and a few strategic deals are expected to contribute further. However, macroeconomic concerns and stiff competition persist.Over the past year, this Zacks Rank #3 (Hold) stock has lost 6.9% against the 0.3% rise of the industry and the S&P 500’s 26% growth.The renowned medical technology comp ...