Is Veralto (VLTO) One of the Best Young Stocks to Buy and Hold for the Next Decade?

Veralto Corporation (NYSE:VLTO) is one of the best young stocks to buy and hold for the next decade. On April 28, Veralto reported a 6.7% year-over-year increase in sales for Q1 2026, totaling $1,422 million. Net earnings for the period reached $254 million, or $1.02 per diluted share, while adjusted net earnings were $266 million, or $1.07 per share. The company achieved an operating profit margin of 23.8% and generated $182 million in operating cash flow.

The company has allocated ~$1 billion toward growth and shareholder value year-to-date. This includes the acquisitions of In-Situ and GlobalVision for ~$620 million and the repurchase of $300 million in common stock. Additionally, Veralto initiated a cost optimization program expected to yield annual savings of $65 million to $75 million by 2028, despite an initial charge of $85 million to $105 million.

Looking forward, Veralto Corporation (NYSE:VLTO) raised its full-year 2026 adjusted earnings guidance to a range of $4.20 to $4.28 per share, up from the previous $4.10 to $4.20 range. For Q2, the company anticipates core sales growth between 3% and 4% with adjusted diluted earnings of $0.96 to $1.00 per share. Full-year expectations include core sales growth of 3% to 4.5% and free cash flow conversion at ~100% of GAAP net earnings.

Veralto Corporation (NYSE:VLTO) is a pollution & treatment controls company that offers water analytics & treatment, marking & coding, and packaging & color solutions through two segments: Water Quality and Product Quality & Innovation.

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