Medical device business very strong - high growth area.
Healthcare sector demand not slowing down.
Aging baby boomer population will require further healthcare.
Need for increased healthcare tech.
It makes artificial joints and all kinds of specialized medical equipment. It is focused on many areas including hips, knees, ankles, etc. He especially likes the robotic assisted surgery component. Buy 16 Hold 12 Sell 2
Fell a lot through Covid decline in elective surgeries. Great place to be over the long term. Aging demographics in its favour.
They make artificial hips and knees--a major growth area as the population ages. It pays a minor dividend, is profitable and performance has been strong over 5 years, up 63%. Great long term, given demographics.
Joint replacements and instrumentation business. Has come back in the latest rally. Good operators, but struggle for space in the operating room. Until that resolves, he'd shy away.
Stryker Corp. is a American stock, trading under the symbol SYK-N on the New York Stock Exchange (SYK). It is usually referred to as NYSE:SYK or SYK-N
In the last year, 13 stock analysts published opinions about SYK-N. 9 analysts recommended to BUY the stock. 2 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Stryker Corp..
Stryker Corp. was recommended as a Top Pick by on . Read the latest stock experts ratings for Stryker Corp..
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13 stock analysts on Stockchase covered Stryker Corp. In the last year. It is a trending stock that is worth watching.
On 2023-05-31, Stryker Corp. (SYK-N) stock closed at a price of $275.73.
They reported top and bottom line growth and organic growth was better than expected. He's bullish about medical devices, given the Covid-induced backlog in surgeries.