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With a market cap of $6.5 billion, Teleflex Incorporated (TFX) is a global provider of medical technology products. Based in Wayne, Pennsylvania, the company designs, develops, manufactures, and supplies single-use medical devices for common diagnostic and therapeutic procedures in critical care and surgical applications.
Companies valued at less than $10 billion are generally classified as “mid-cap stocks," and Teleflex fits this criterion perfectly. The company offers a diverse portfolio of solutions in the therapy areas of anesthesia, emergency medicine, interventional cardiology and radiology, surgical, vascular access, and urology.