Reasons to Retain Envista Stock in Your Portfolio for Now

Envista Holdings Corporation’s (NVST) rise in the third quarter of 2024 is backed by robust growth within the Specialty Products and Technologies business. Strategic acquisition deals look promising for growth. Meanwhile, a debt-burdened balance sheet and dull macroeconomic environment remain concerns for NVST’s operations.  In the past year, this Zacks Rank #3 (Hold) company’s shares have lost 8.8% against 17.3% growth of the industry. The S&P 500 composite rose 30.8% during the same time frame.The leading ...