Alcon: A Strong Company Trading Close To Its Intrinsic Value, Buy
Alcon reported strong core operating profit, up 17% excluding a one-time non-cash $402 million charge, and raised its full-year 2026 profit forecast for the second consecutive quarter. A discounted cash flow valuation indicates the stock is trading close to its intrinsic value.
Why it matters — Alcon watchers would note the company's continued strengthening of its profitability outlook, as it upgraded its 2026 profit forecast for the second straight quarter.