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Agilent Technologies, Inc. (A) is a leading provider of instruments, software, services and consumables that support laboratory workflows across life sciences, diagnostics and applied chemical markets worldwide. Agilent is headquartered in Santa Clara, California and has a market cap of $35.8 billion, reflecting its significant presence in the healthcare and research tools sector.
The healthcare stock has underperformed the broader market over the past year. Agilent’s stock prices have declined 7.9% over the past 52 weeks and 7.2% on a YTD basis, compared to the S&P 500 Index’s ($SPX) 11.7% gains over the past year and marginal rise this year.