How Is Stryker's Stock Performance Compared to Other Medical Device Stocks?

Portage, Michigan-based Stryker Corporation (SYK) offers innovative products and services in MedSurg, Neurotechnology, Orthopaedics, and Spine that help improve patient and healthcare outcomes. With a market cap of $149 billion, Stryker operates as one of the world’s leading medical technology companies.

Companies worth $10 billion or more are generally described as "large-cap stocks," Stryker fits this bill perfectly. Given the company impacts over 150 million patients annually, its valuation above this mark is not surprising. The company’s operations span nearly 75 countries in the Americas, Indo-Pacific, and EMEA and employs over 52,000 people.