We came across a bullish thesis on Alcon Inc. on X.com by FullySynergized. In this article, we will summarize the bulls’ thesis on ALC. Alcon Inc.'s share was trading at $76.55 as of October 8th. ALC’s trailing and forward P/E were 34.77 and 20.96 respectively according to Yahoo Finance.
The company is a leading pure-play ocular health business, benefiting from secular tailwinds driven by an aging population and a rising incidence of myopia, largely due to increased screen time. The stock has underperformed recently as organic growth slowed to levels not seen in years, while...
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