DigitalDiagnost - ER Wireless system provides a keen digital radiography result for emergency room, recovery and trauma environments. The wireless system is easy to handle and causes least interference to life-saving equipments.

Juno DRF is a remote-controlled flat detector system and is a combination of digital radiography and fluoroscopy applications, thus providing solutions in a number of diagnostic procedures like radiographic procedures, gastro-intestinal studies, tomography and vascular studies. Though Juno DRF system was available in Western Europe from January 2010, it has been launched for the first time in the US.

Philips is actively restructuring its portfolio to better focus on healthcare, lighting and lifestyle markets with several recently focused acquisitions and divestments, which bodes well for the company going forward. The company's continued ability to increase cash flow by higher earnings, partially offset by lower inflow from working capital, has helped to sustain investments in growth initiatives while maintaining a strong balance sheet.

However, Philips' global presence exposes the company to regional and local regulatory rules, which may interfere with the realization of business opportunities and investments in the countries in which it operates. Philips' overall performance in the coming years depends on realizing its growth ambitions in the emerging markets.

We currently maintain our Neutral rating for the long term on Philips, with a Zacks #2 Rank (short-term Buy recommendation) over the next one-to-three months.