Baxter International shares look extremely cheap
Target horizon - 2 months.
Target - 84 USD.
Profit/risk ratio - 3.43
The price is approaching the upper boundary of the downtrend, and if it breaks it is likely to go to the support line around 85 USD.
Baxter International is an American medical device manufacturer specializing in high-tech dialysis machines and other medical devices and supplies. Thousands of patients prolong their lives thanks to Baxter equipment, which is used in more than 100 countries. After a major downturn, the company's stock looks extremely cheap, and from an operational standpoint, there's no reason to worry about Baxter's business.
Target - 84 USD.
Profit/risk ratio - 3.43
The price is approaching the upper boundary of the downtrend, and if it breaks it is likely to go to the support line around 85 USD.
Baxter International is an American medical device manufacturer specializing in high-tech dialysis machines and other medical devices and supplies. Thousands of patients prolong their lives thanks to Baxter equipment, which is used in more than 100 countries. After a major downturn, the company's stock looks extremely cheap, and from an operational standpoint, there's no reason to worry about Baxter's business.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.