
NYSE:SYK
This summary was created by AI, based on 7 opinions in the last 12 months.
Stryker Corp (SYK) is facing a challenging environment in the medtech sector, characterized by weakness due to a post-Covid normalization and ongoing issues, including a cybersecurity attack that affected production. Despite these hurdles, experts largely recognize Stryker's strong market position, particularly in orthopedics, which continues to be a profitable segment for U.S. hospitals. The company has a robust relationship with medical professionals and is expected to grow its revenue at high single-digit rates. Analysts predict significant earnings growth, with a projected EPS of $15 by 2027, supported by an attractive valuation. As the population ages, the demand for artificial joints and robotic-assisted surgeries is expected to rise, positioning Stryker favorably in the long term.
Medtronic vs. Stryker Both make medical devices, and have been impacted by COVID, because operations have been delayed. But now those ops are coming back. She owns JNJ instead, which includes a medical devices division. Unless there's a sharp uptick in the virus that shuts down hospitals again, demand for medical devices should rise and should even ramp in the near future.
Likes it. He hasn't bought it, because he isn't sure which stock to own in this sector. Abbott and Boston Scientific are better choices, he thinks, with more upside potential given product innovation.
A great medical equipment company. Over time, they've consolidated and grown. Demographic trends are on his side. But he owns Abbott instead; you can't own everything. Wait for more of a pullback to buy. If the PE falls to the low-$20s, step in.
A manufacturer of medical and surgical devices. The company has had positive sales growth for over 40 years. They do a great job at identifying areas where they are weak, finding a way to fill that gap and executing the strategy quickly. There is not much exposure they hold in China -- fortuitous right now. Yield 1.03% (Analysts’ price target is $232.92)
They're the leader in hips, knees and robotic surgeries. They were hit by COVID because elective surgeries stopped, but those have resumed now. Their revenue growth is 4-5 times higher than peers at 6-7% while peers like Johnson and Johnson were 1-2%. Dividends keep paying. Today is okay to enter this stock, though it's trading at 30x earnings. You can buy a half position now and see what happens.