Fisher & Paykel Healthcare Ltd [FPH.NZX] share price has gone off the boil over the last few months. Down from a high of $16.50c to $13.20c on quite a bit of turnover yesterday.
To be fair even at $13.20c its still a bit expensive.
But is still considerably cheaper than at its highs - a full 20% cheaper.
Granted this share could/will come down in price further if there's anything significant that happens in the market.
This week it's profits were up and future profits look excellent.
I don't think you want to wait for as long as I did but you may want to wait a bit to plunge on in.
Remember it ain't a fire sale anymore - not in GFC territory - so your not going to get the bargains that i and many other people got BUT you may get the share for less than what it is selling for today.
Ill leave that up to you to decide.
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