(A Top Pick May 26/17 - Up 20%.) Just sold it to take profits. Still likes it. Global health technology company.
They make the big iron of medical practice, such as MRI machines and CT machines. This is not where the big growth has been, or will be. This company has a tremendous bureaucracy and its unions are very powerful. In emerging markets, it’s likely in lower end machines which will not help growth. Philips also talks a lot about consumer products, like toothbrushes. He thinks these are great products, with great returns, but he suspects that their main business is supplying old technology equipment to hospitals.
Koninklijke Philips Electronics is a American stock, trading under the symbol PHG-N on the New York Stock Exchange (PHG). It is usually referred to as NYSE:PHG or PHG-N
In the last year, 7 stock analysts published opinions about PHG-N. 4 analysts recommended to BUY the stock. 2 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Koninklijke Philips Electronics.
Koninklijke Philips Electronics was recommended as a Top Pick by on . Read the latest stock experts ratings for Koninklijke Philips Electronics.
Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.
7 stock analysts on Stockchase covered Koninklijke Philips Electronics In the last year. It is a trending stock that is worth watching.
On 2023-02-03, Koninklijke Philips Electronics (PHG-N) stock closed at a price of $17.71.