Stockchase Opinions

Chris BlumasAssisted Living ConceptsALCWEAK BUYFeb 12, 2025

He was looking at defensive healthcare names to avoid threat of tariffs. This is one name to consider, valuation slightly elevated, but unique capabilities in eye care.

N/A

Stock price when the opinion was issued

$72.37

As of Nov 03, 2026. Market Open.

medical services
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European-based, but US operating platform. Contact lenses + surgical supplies (corrective procedures), each with 50% of revenues. Demographics is supportive even of eye health, and increased screen time also feeds into that. Reasonable valuation at 17x PE, 4-5% FCF yield. 

Attractive, defensive business in this environment. Yield is 0.57%. 

(Analysts’ price target is $86.88)
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Medical devices are the one area he's been willing to be in. He likes ABT as a diversified medical device player. Another go-to name is ALC, which focuses on eye health.

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Proad product array. Not widely followed. Very strong grower.