Tuesday, January 22, 2013

Investopedia: Stryker Follows Its Rivals With A Big Investment In China

The med-tech world has not been shy about accepting the notion that future growth will be predicated, at least in part, on good exposure to emerging markets. Stryker (NYSE:SYK) is the latest to back that view with cold cash, spending $764 million to acquire Chinese orthopedics company Trauson Holdings (OTC:TRHDF). Coupled with improving fundamentals in the core recon market (hip/knee replacements), Stryker continues to look like a solid stock in the med-tech sector.

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