Ebos shares have climbed higher recently following its entry into the MSCI Word Index seeing large amounts of passive buying. EBOS remains our most preferred healthcare stock in NZ, the stock has now broke over $40 a share again and we think it is an opportune time for investors to take ‘some’ profit given its ‘fair valuation’ and heightened volatility in the markets it is unlikely to hold up for so long like it has done so in the past.