This fund manager isn’t big on ‘Mag 7’ tech stocks. But he likes these ‘Mag 2.’
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Apr 09 2025
0mins
Should l Buy BDX?
Source: MarketWatch
Market Sentiment: The recent panic among stock investors and the volatile reaction to the Trump administration's tariff pause suggests it may be a good time to explore investment opportunities in the market.
Expert Insight: David Giroux, a seasoned manager at T. Rowe Price Capital Appreciation Fund, is consulted for advice on stocks and sectors worth considering during this uncertain period.
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Analyst Views on BDX
Wall Street analysts forecast BDX stock price to fall over the next 12 months. According to Wall Street analysts, the average 1-year price target for BDX is 202.38 USD with a low forecast of 183.00 USD and a high forecast of 220.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
8 Analyst Rating
3 Buy
5 Hold
0 Sell
Moderate Buy
Current: 210.020
Low
183.00
Averages
202.38
High
220.00
Current: 210.020
Low
183.00
Averages
202.38
High
220.00
About BDX
Becton, Dickinson and Company is a global medical technology company. The Company is engaged in the development, manufacture and sale of a broad range of medical supplies, devices, laboratory equipment and diagnostic products used by healthcare institutions, physicians, life science researchers, clinical laboratories, and more. Its BD Medical segment produces an array of medical technologies and devices that are used to help improve healthcare delivery in a range of settings. The BD Medical segment consists of various business units, including medication delivery solutions, medication management solutions, advanced monitoring, and pharmaceutical systems. Its BD Life Sciences segment provides products for the collection and transport of diagnostics specimens, and instruments and reagent systems to detect a range of infectious diseases, healthcare-associated infections and cancers. Its BD Interventional segment provides vascular, urology, oncology and surgical specialty products.
About the author

Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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- Significant Year-over-Year Growth: The company anticipates over 200% year-over-year growth in the current fiscal year, reflecting its competitive position in the industry and rapid market share expansion.
- Quarterly Growth Outlook: Credo also expects mid-single-digit sequential revenue growth to round out the year, suggesting continued strong performance in the coming months, which enhances investor confidence.
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- Broad Market Gains: U.S. stocks mostly closed higher on Monday, with the Nasdaq Composite jumping over 200 points to 23,238.67, suggesting strong performance in tech stocks driving overall market positivity.
- Dow Jones Record High: The Dow Jones index increased by about 20 points to 50,135.87 on Monday, marking a new record, reflecting enhanced investor confidence in economic recovery that could further propel market growth.
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- Strong Performance: Becton Dickinson reported Q1 revenues of $5.3 billion, reflecting a 0.4% year-over-year growth, with New BD achieving a 2.5% increase, showcasing robust performance in biologic drug delivery and pharmacy automation, thereby reinforcing its market position.
- Margin Performance: The adjusted gross margin stood at 53.4%, down 140 basis points from the previous year, yet still above expectations, indicating the company's ongoing efforts in productivity and cost control to maintain profitability stability.
- Strategic Transaction: The company announced the imminent completion of its Life Sciences business merger with Waters, expected to yield a $4 billion cash distribution, with $2 billion allocated for share repurchases and $2 billion for debt repayment, further optimizing its capital allocation strategy.
- Future Outlook: Management anticipates low single-digit revenue growth for New BD in fiscal 2026, providing adjusted EPS guidance in the range of $12.35 to $12.65, reflecting confidence in future performance despite tariff impacts.
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