An opportunity with Fisher & Paykel
We recently researched Fisher & Paykel Healthcare (ASX:FPH) in The Dynamic Investor. Strong hospital product demand, improving margins & operational efficiencies have been the key factors underpinning the strength in the share price over the last six months. In addition, there has been a generally more favourable shift in market sentiment towards healthcare stocks. These factors have boosted FPH’s P/E multiple towards the upper end of its historical trading range. Accordingly, we assess whether the market opportunity from new applications, …