At the end of February 2019, Daniel Loeb’s Third Point published its Q4 2018 Investor Letter, in which it shared its views on a few companies from its 13F portfolio. You can track a copy of the letter – here. Among the stocks it discussed was Baxter International Inc. (NYSE:BAX), the fund’s largest position. The fund reported about Baxter’s operational excellence, with the company achieving operating margins of 17.4% in FY 2018.
Baxter remains the firm’s largest position and Third Point...
