The Latest Breaking News from SYK

Stryker (NYSE:SYK) has outperformed the market over the past 10 years by 4.22% on an annualized basis producing an average annual return of 16.42%. Currently, Stryker has a market capitalization of $88.64 billion.

Weakness in the S&P 500 has made life unpleasant for investors so far in 2022, but it has also created buying opportunities in a handful of high-quality stocks. Long-term investors looking to buy the dip can find plenty of stocks to buy that are at or near their lowest prices…

Given the increasing investments in R&D and technological integrations, and the rebounding demand for critical surgical procedures, the medical devices industry is well-positioned to grow. This should benefit Abbott (ABT) and Stryker (SYK). But which of these stocks is a better buy now?.

The stock market has witnessed a massive sell-off lately on concerns over the Fed’s aggressive interest rate hikes to fight the decade-high inflation. Many analysts expect the economy to slip into recession due to the Fed’s monetary policy tightening. Since the medical device industry is known to be one of…