The Monopolistic Razor-and-Blade Engine I Can’t Stop Buying
A 26% price drop on a stock with a near-monopoly business model and 85% recurring revenue sounds like a warning, but one investor sees it as an invitation to keep buying.
Headquartered in Portage, MI Fiscal year ends December NYSE: SYK stryker.com
Stryker Corporation is a global medical technology company offering innovative products and services across its MedSurg and Neurotechnology and Orthopaedics segments. The MedSurg and Neurotechnology segment encompasses Instruments (including Neuro Cranial and Enabling Technologies), Endoscopy, Medical, and Vascular product lines. The Orthopaedics segment includes Knees, Hips, Trauma and Extremities, Ortho Tech (combining orthopaedic instruments and other orthopaedics products), and Spinal Implants. The company serves hospitals and healthcare providers worldwide, impacting more than 150 million patients annually. Stryker's products support surgical procedures, patient monitoring, and rehabilitation across a broad range of clinical specialties. Updated
A 26% price drop on a stock with a near-monopoly business model and 85% recurring revenue sounds like a warning, but one investor sees it as an invitation to keep buying.
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Stryker Corporation is a global medical technology company offering innovative products and services across its MedSurg and Neurotechnology and Orthopaedics segments.
24/7 Wall St.'s 12-month price target for SYK is $358.07, rated Buy. The Wall Street consensus target is $362.62. SYK price prediction →