Jim Cramer on Becton, Dickinson: “I Think You Buy Some and Then You Wait” - Yahoo Finance
📈 Jim Cramer praised Becton, Dickinson (BDX) as a major medical supply and technology company that recently 'shot the lights out' with earnings.
💰 The stock delivered a huge beat in both revenue and profit, prompting management to raise its full-year earnings forecast.
📉 Cramer noted BDX is trading at the lowest valuation level he has ever seen for the company.
🚀 The stock rallied nearly 6% on the day of the report despite a not-so-great overall market performance.
🏥 Becton, Dickinson is benefiting from technology that enables hospitals to do more with fewer people.
⏳ Cramer advises investors to buy some shares now and wait to see if the stock oversells further before adding more.
- BDX delivered a strong earnings beat in both revenue and profit, exceeding market expectations.
- Management has raised its full-year earnings forecast, signaling confidence in future performance.
- The company is successfully leveraging technology to improve hospital efficiency and reduce staffing needs.
- Jim Cramer describes the current stock price as 'very inexpensive' and trading at a historic low valuation.
- The stock gained nearly 6% in value on the day of the report despite broader market weakness.