10 Best Stocks to Buy According to John W. Rogers of Ariel Investments

8. Envista Holdings Corporation (NYSE:NVST)

Ariel Investments’ Stake as of Q4: $232.6 million

Number of Hedge Fund Holders: 26

Envista Holdings Corporation (NYSE:NVST) is a healthcare equipment manufacturer headquartered in Brea, California. It develops dental products such as implant systems, guided surgical systems, biomaterials, and more. Envista Holdings Corporation (NYSE:NVST) recently announced a stock repurchase program authorizing it to buy back up to $250 million of outstanding common shares through December 31, 2026.

Earlier this March, Stifel analysts reiterated their positive outlook on Envista Holdings Corporation (NYSE:NVST), maintaining a Buy rating and a price target of $24 on the company. Envista’s 2025 Investor Day featured a comprehensive presentation of the company’s many business sectors, with a focus on the Specialty Products & Technologies (SP&T) division, which includes dental implants, precision tools, and clear aligners. While the company’s medium-term financial target of 4-7% adjusted EBITDA growth was slightly lower than Stifel’s earlier projection of 9.0%, which has been revised to 7.5%, the analysts feel that the new management team is taking adequate steps to restore faith in Envista’s financial projections.