President-elect Donald Trump was elected to a second, nonconsecutive term. Stocks generally cheered the news; the S&P 500 advanced a healthy 3.3% between Nov. 4 and Dec.
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Pro Medicus is in a strong financial position. As of June 2024, it had AUD 155 million in net cash, and we forecast the company to continue holding net cash over our explicit 10-year forecast period.