Nordson (NDSN) Stock May Be Fairly Valued On Its 52% Run

Nordson shares have climbed strongly over the past few years, and with the stock recently closing at US$321.42, the real question now is whether that price still lines up with the cash the business is expected to generate. With investors focused on cash flows rather than just headlines, the valuation debate around Nordson has become much sharper. The stock has returned 51.7% over the past 3 years, which puts real pressure on the idea that recent cash flows alone can explain today’s...