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Valued at a market cap of $23.7 billion, STERIS plc (STE) is a provider of products and services that support patient care with an emphasis on infection prevention. Based in Mentor, Ohio, it operates through three segments: Healthcare, Applied Sterilization Technologies (AST), and Life Sciences.
Companies valued at $10 billion or more are generally classified as “large-cap” stocks, and STERIS fits this description perfectly. STE is a leading provider of innovative healthcare and life sciences products and services, and has established itself as a leader in sterilization and surgical products for the healthcare system.