« FCF 41 | Main | FCF 43 »




I was actually a ltitle surprised to see that Berkshire took a stake in BDX. In my opinion, there seem to be other companies within the medical equipment sector that seem more undervalued than Becton Dickinson and share similar wide moat characteristics--most notably, Stryker Corporation (SYK).Both have market caps of around $15B, ROEs that are consistently around 20%, similar free cash flow yields, and sticky/moaty businesses. However, SYK sports lower valuation multiples than BDX despite having a 10-year compounded annual growth rate that is more than twice as high as BDX.But, of course, Buffet might be seeing something in the management of BDX or in the business that I don't see.Lastly, thanks for the wonderful analysis of BDX!

mbt shoes online

mbt walking Zeitgeist Spam: FCF 42
mbt shoes online http://cuedspeech.org/mbt-shoes.asp

Verify your Comment

Previewing your Comment

This is only a preview. Your comment has not yet been posted.

Your comment could not be posted. Error type:
Your comment has been posted. Post another comment

The letters and numbers you entered did not match the image. Please try again.

As a final step before posting your comment, enter the letters and numbers you see in the image below. This prevents automated programs from posting comments.

Having trouble reading this image? View an alternate.


Post a comment

Your Information

(Name and email address are required. Email address will not be displayed with the comment.)