Here's Why You Should Hold the GEHC Stock in Your Portfolio for Now
GE HealthCare Technologies, Inc. (GEHC) is well-poised for growth in the coming quarters, courtesy of its continued focus on innovations. The optimism, led by strong fourth-quarter 2024 performance and acquisitions, is expected to contribute further. However, geopolitical tensions and stiff competition are concerning.This Zacks Rank #3 (Hold) company’s shares have lost 11.6% in the year-to-date period against 2.7% growth of the industry. The S&P 500 Composite has lost 7.1% during the said time frame.The ren ...