Reasons to Hold Baxter International (BAX) in Your Portfolio

Baxter International (BAX) is poised for growth, given the demand for its medically essential products, coupled with transformational actions. However, inflationary pressure remains a concern.Shares of this Zacks Rank #3 (Hold) company have gained 10.8% year to date compared with the industry's 5.3% growth. The S&P 500 Index has increased 9.4% in the same time frame.BAX, with a market capitalization of $21.46 billion, is a global medical technology company providing items such as kidney-dialysis equipment, ...