Stryker Rallies 19.8% Year to Date: What's Driving the Stock?

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 ...