Published on 30 May 2024 on Zacks via Yahoo Finance
Reasons to Retain Revvity (RVTY) Stock in Your Portfolio Now
Revvity, Inc. RVTY is well-poised for growth in the coming quarters, courtesy of its strong product portfolio. The optimism, led by its first-quarter 2024 performance and focus on artificial intelligence (AI), also looks promising. Headwinds resulting from foreign exchange volatility and integration risks are major downsides.
This Zacks Rank #3 (Hold) company’s shares have risen 0.4% year to date compared with 2.4% growth of the industry.The S&P 500 has increased 11.6% during the same time frame.