Stryker Corporation (SYK) witnessed substantial gains in the year-to-date period. Shares of the company have rallied 19.8% compared with 10.8% growth of the industry. The S&P 500 Composite has risen 17.9% during the same time frame. With healthy fundamentals and strong growth opportunities, this Zacks Rank #3 (Hold) company appears to be a solid wealth creator for its investors at the moment. Headquartered in Kalamazoo, MI, Stryker is one of the world's largest medical device companies operating in the glob ...

Stryker Corporation (SYK) is well-poised for growth, backed by a robust robotic arm-assisted surgery platform, Mako, and a diversified product portfolio. Meanwhile, an improvement in price also buoys optimism. Shares of this Zacks Rank #3 (Hold) company have risen 18.4% year to date compared with the industry's 10.5% growth. The S&P 500 Index has increased 18.2% in the same time frame. Stryker, with a market capitalization of $134.6 billion, is one of the world's largest medical device companies operating i ...

Stryker Corporation (SYK) recently announced a definitive agreement to acquire Vertos Medical Inc., a privately held company providing a minimally invasive solution for treating chronic lower back pain caused by lumbar spinal stenosis. As a result of the acquisition, Stryker is set to expand its minimally invasive pain management portfolio with differentiated treatments and expand its reach across ambulatory surgery centers. More on the News A significant number of individuals worldwide are impacted by lumb ...

Portage, Michigan, Aug. 22, 2024 (GLOBE NEWSWIRE) -- Stryker (NYSE: SYK), a global leader in medical technologies, announced today a definitive agreement to acquire Vertos Medical Inc., a privately held company providing a minimally invasive solution for treating chronic lower back pain caused by lumbar spinal stenosis. Lumbar spinal stenosis affects millions of people globally and is a leading cause of pain and disability. Patients today are seeking minimally invasive treatment options, valuing reduced rec ...

Portage, Michigan, Aug. 19, 2024 (GLOBE NEWSWIRE) -- Stryker (NYSE:SYK) will participate in the 2024 Wells Fargo Healthcare Conference on Thursday, September 5, at the Encore Boston Harbor. Spencer Stiles, Group President, Orthopaedics and Spine, and Jason Beach, Vice President, Finance and Investor Relations will represent the Company in a session scheduled for 3:00 pm Eastern Time. A simultaneous webcast and replay of the Company's presentation will be available on Stryker's website at www.stryker.com. Th ...

Stryker Corporation (SYK) has entered into a definitive agreement to acquire care.ai, a privately held company specializing in artificial intelligence (AI)-assisted virtual care workflows, smart room technology and ambient intelligence solutions. This acquisition will bolster Stryker's healthcare IT and wirelessly connected medical device portfolio, reinforcing its commitment to providing cutting-edge solutions that address critical challenges in the healthcare sector, such as nursing shortages and staff re ...

Stryker Corporation (SYK) recently announced the launch of its Pangea Plating System, which received FDA clearance in late 2023. Pangea System is likely to provide variable-angle plating for a range of patient demographics, and its portfolio is both extensive and adaptable. With Pangea System on board, Stryker is now the go-to partner for all things trauma-related, including plates, nails, external fixation devices, and more, supported by the company's committed staff and first-rate service. More on the Pan ...

Stryker Today SYK Stryker $322.64 +6.70 (+2.12%) 52-Week Range $249.98 ▼ $361.41 Dividend Yield 0.99% P/E Ratio 36.83 Price Target $373.11 Add to Watchlist Medical and surgical products manufacturer Stryker Co. NYSE: SYK is a beneficiary of the acute care boom occurring in the healthcare industry. Acute care is considered short-term intensive hospital-based emergency services that often occur in the emergency department (ED) or intensive care unit (ICU). These can include trauma care and surgery. Stryker su ...

Stryker Corporation (SYK) recently announced the completion acquisition of MOLLI Surgical Inc., a privately held company specializing in the development of wire-free soft tissue localization technology for breast-conserving surgery. As a result of the acquisition, MOLLI's portfolio is likely to boost Stryker's commitment to advancing surgical solutions in breast cancer care. More on the News The MOLLI 2 localization system is made to be reliable and easy to use to facilitate a surgical workflow that is more ...

andresr/E+ via Getty Images Introduction Stryker (NYSE:SYK) is a manufacturer, developer, and distributor of medical products and devices. The company has global operations around the world and has an impact on over 150 million patients a year. With products like MedSurg, Neurotechnology, Orthopaedics and Spine, the company plays a pivotal role in shaping better patient outcomes. Just recently on July 30, Stryker announced its second quarter results for the year. As I've often been on the lookout for compou ...