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Chicago, Illinois-based GE HealthCare Technologies Inc. (GEHC) develops, manufactures, and markets products, services, and complementary digital solutions used in the diagnosis, treatment, and monitoring of patients. Valued at $38.4 billion by market cap, the leading global medical technology company offers imaging, ultrasound, maternal, ventilator, and patient monitoring equipment, as well as performance management, cybersecurity, technical training, site planning, integrated asset optimization, and clinical network solutions.
Shares of this leader in precision care have underperformed the broader market over the past year. GEHC has gained 17.6% over this time frame, while the broader S&P 500 Index ($SPX) has rallied nearly 21.7%. In 2024, GEHC’s stock rose 8.9%, compared to the SPX’s 13.9% rise on a YTD basis.