IART has become my largest holding
Unreal, but the bottom line is, mistrust of management over the way they've handled the Boston Factory, has caused a sell of 70% in the stock. This, despite the fact that the company just made an acquisition that's doing well, and overall their eps guidance is as high as it was in 2021, when the stock was $76. I don't recall ever seeing a stock sell off this bad strictly from investor disappointment with management, regardless of overall revenues or earnings. I personally think this sell off has been waaaay overdone, and I'm glad to be in now at around $26 average in Wadegarret. I believe the analysts that just downgraded are late to the game.
