XHE - Edwards Lifesciences: Assessing The Next Moves
Introduction
Edwards Lifesciences (EW) is a leading manufacturer of tissue heart valves and repair products used to replace or repair a patient's diseased or defective heart valve. The company is also an established player hemodynamic monitoring systems in the hospital setting. In the backdrop of increasing incidence of cardiovascular diseases, this product portfolio has poised Edwards Lifesciences for a solid growth trajectory for future years.
Trading at a PE of 46.99x, Edwards Lifesciences is definitely an expensive stock, especially when the company’s EPS growth in the past five years has been 15.10% and