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Barchart
Barchart
Aditya Sarawgi

Is STERIS Stock Underperforming the S&P 500?

Mentor, Ohio-based STERIS plc (STE) provides infection prevention products and services worldwide. With a market cap of $24.1 billion, STERIS operates through Healthcare, Applied Sterilization Technologies (AST), and Life Sciences segments.

Companies worth $10 billion or more are generally described as "large-cap stocks," STERIS fits right into that category, with its market cap exceeding this threshold, reflecting its substantial size, influence, and dominance in the medical devices industry. It offers its products and services to hospitals, other healthcare providers, and pharmaceutical manufacturers.

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