Baxter International’s stock surged nearly 9% after smashing Q2 earnings estimates with $3 billion in revenue up 5% YoY and EPS far exceeding forecasts—plus they’ve raised their full-year outlook, fueling investor excitement despite ongoing market volatility. While the stock is up 36% YTD and near its July high, long-term returns over the past five years show past performance doesn’t guarantee future gains, so do your homework before betting big.
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