Reckitt Benckiser Group PLC (RKT) - Comprehensive analysis
We are adding Reckitt Benckiser to our Best Ideas list, anticipating approximately 20% upside for this wide-moat company. Our investment thesis focuses on the robust fundamentals of its core business, which boasts peer-leading gross margins. Additionally, we are optimistic about its transformation journey, particularly in reducing the operating cost base that has inflated over the past five years. We also expect a favorable resolution to the ongoing litigation concerning the infant nutrition business in the US. Further details can be found in our Stock Pitch dated December 5, 2024.
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