The 'Goldilocks' Case For Baxter International

Core Viewpoint - Baxter International (NYSE: BAX) has faced challenges in stock ownership over the past decade, particularly due to high valuation levels in the second half of the 2010s, with the stock trading at approximately 23 times earnings at the end of the decade [1]. Group 1 - The stock of Baxter International appeared too expensive during the latter part of the 2010s [1]. - The company closed the decade with a valuation of about 23 times earnings [1].