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Barchart
Barchart
Aditya Sarawgi

Stryker Stock: Is SYK Underperforming the Healthcare Sector?

Stryker SYK

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 $143.4 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 that 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 employ nearly 53,000 people.

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