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Barchart
Barchart
Neha Panjwani

Is STERIS Stock Underperforming the Nasdaq?

STE

Mentor, Ohio-based STERIS plc (STE) provides infection prevention products and services. Valued at $21 billion by market cap, the company offers sterilizers, washers, surgical tables, lights and equipment management systems, and endoscopy accessories. 

Companies worth $10 billion or more are generally described as “large-cap stocks,” and STE perfectly fits that description, with its market cap exceeding this mark, underscoring its size, influence, and dominance within the medical devices industry. STE is a market leader in infection prevention, offering a unique mix of consumables and capital equipment. Its diverse portfolio makes it a one-stop solution for healthcare providers, driving revenue and customer retention.

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