Reasons to Hold Patterson Companies (PDCO) in Your Portfolio

Patterson Companies, Inc. (PDCO) is well poised for growth in the coming quarters, courtesy of its broad product line. The optimism, led by a strong performance of certain business segments during third-quarter fiscal 2024 and a few notable acquisitions, is expected to contribute further. Integration risks and stiff competitive forces persist.Shares of this Zacks Rank #3 (Hold) company have lost 3.9% year to date against the industry’s 6% growth. The S&P 500 Index has increased 9.6% during the same time fra ...