(BCR) C.R. Bard – Bull of the Day

September 4th, 2009

C.R. Bard (BCR) operates in vascular, urology, oncology and surgical specialty markets. These end-markets should remain insulated from the current economic turmoil.

Many of the company’s products are used in interventional medicine — life-saving surgical procedures. Future quarters will be met with a headwind from foreign exchange.

However, with less than a third of sales outside of the United States, the impact will be less than that for BCR’s competitors.

We retain our Outperform rating on the shares.

Zacks Investment Research
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