This recent melt-up in the market has left relatively few undervalued opportunities in the med-tech sector. While there are still some bargains to be had at the various market cap levels, it's not altogether unfair to say that anything that looks notably cheap today is cheap for a reason. With that in mind, it's not so surprising that CareFusion (CFN) shares don't offer huge upside from today's level. That said, I like the moves that management has made here and if the market (or med-tech sector) were to sell off significantly, this would be a name well worth considering.
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CareFusion On The Right Path
Seeking Alpha: CareFusion On The Right Path
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