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Barchart
Barchart
Rashmi Kumari

Are Wall Street Analysts Predicting Stryker Stock Will Climb or Sink?

Stryker STREET SYK

Headquartered in Portage, Michigan, Stryker Corporation (SYK) is a global medical technology company with a market cap of $129.93 billion. Stryker specializes in designing, manufacturing, and marketing a wide range of medical devices, equipment, and surgical instruments. The company’s innovative products play a crucial role in sectors such as orthopedics, neurotechnology, spine, and medical and surgical care, providing solutions that enhance the quality, precision, and efficiency of healthcare delivery worldwide.

Stryker shares have underperformed the broader market over the last year. SYK has gained 23.4% over this time frame, while the broader S&P 500 Index ($SPX) has rallied nearly 28.1%. Also, in 2024, the stock is up 14.5%, compared to SPX's 17.3% rise on a YTD basis.

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