Saturday, July 23, 2011

Investopedia: Stryker's Diversification Pays Off

The management of medical device and equipment maker Stryker (NYSE:SYK) has always seemed to have an uncanny knack for findings ways of pulling growth out of its hat. In a pretty uninspiring market for orthopedic implants, Stryker is finding growth in hospital equipment and acquisitions. With a strong market position and good long term prospects, this is one of the first names that investors lacking exposure to health care should consider. 

A Surprising Second Quarter  
Stryker's consolidated results were not so surprising, but how the company managed to get from A to B was a little surprising. Revenue rose about 16% on a reported basis, with 12% constant currency growth.

To read the full article, please click below:
http://stocks.investopedia.com/stock-analysis/2011/Strykers-Diversification-Paying-Off-SYK-JNJ-HRC-ZMH-NUVA-ATEC-BSX0722.aspx

No comments: