Agilent Technologies (NYSE:A) reports earnings shortly. Ponder this Bear Case Scenario:
Approximately 70% of revenue is outside the US. this creates substantial FX risk.
A has a long running history of acquisitions. They have not always turned out as well as expected.
Agilent must innovate ruthlessly in order to compete and stay relevant. Many competitors are larger and better funded. Will have the resources needed to stay ahead?
George Gutowski writes from a caveat emptor perspective.