The Cooper Companies Inc
COO: XNAS (USA)
Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
---|---|---|---|
$38.00 | Ckfsxq | Jzqszxfyr |
Cooper Remains Well Positioned in the Contact Lens Market
Business Strategy and Outlook
As a cash-pay business with sticky customers and few competitors, the contact lens industry is an attractive market, in our opinion. Four main players (Johnson & Johnson, Alcon, Bausch & Lomb, and Cooper) dominate the global market, and industry regulations paired with specialized manufacturing and technological ability creates strong barriers to entry, keeping new entrants away.