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CdanajacksonYou might want to considering doing some reading before posting things like what you have posted here.This link actually calls BSX a cash cow. Article states anything over 5 percent free cash flow is considered cash cow. BSX is at 12.4 percent free cash flow according to the article.http://seekingalpha.com/article/306170-boston-scientific-has-50-upside?source=yahooacksonPlease do some reading before posting.
I'd already read that.The basic free cash flow definition -- cash flow from operations minus capital expenditures -- doesn't get to the true cash profitability of a company's core operations.Included in that basic definition are things like deferred taxes. Do deferred taxes have anything to do with the core operations of a company? No, I'm afraid I don't think so.That basic definition is more of an armchair versionof free cash flow. Again, it doesn't look at the company's excess cash, as an ongoing concern.