
NYSE:SYK
This summary was created by AI, based on 7 opinions in the last 12 months.
Stryker Corp (SYK) is recognized as a leader in orthopedic procedures, particularly in hips and knees, with expectations of regaining market share after a tough year linked to overall health sector weaknesses and a cybersecurity incident. While there is an acknowledgment of a broader weakness in the medtech industry, many experts highlight Stryker's strong relationships with healthcare professionals and its consistent market share gains from competitors like Johnson & Johnson. Analysts project long-term growth driven by an aging population and advancements in robotic-assisted surgeries, which are expected to significantly boost the company's orthopedics segment. Concerns remain about short-term performance, but the long-term outlook is generally optimistic, making Stryker an attractive investment based on its valuation and growth potential.
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.
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)