Not at all.
Neutering almost certainly promotes the occurrence of haemangiosarcomas, the notorious spleen tumours. With regard to cruciate ligament ruptures, it also seems to be clear that these injuries occur much more frequently in neutered animals. The connection between neutering and a common disorder in older dogs, hypothyroidism, is now also fairly clear.
In our opinion, neutering should only be performed in dogs with compelling medical indications.