Last week Stryker reported Q1 earnings. As a medical device business, this company stands to be hard hit by COVID-19. Most of their equipment relies on elective surgeries like hip and knee replacements. The share price is down 20% from its February highs so the market has factored in a lot of this already.

Medical Technology giant Stryker which is famous for their medical devices, surgical tools, hip and knee replacements released market beating Q4 and full-year numbers. The momentum continues as net sales for the quarter grew by 8.8% to $4.1 billion thanks to improving margins in the overall business as well as a top performance from the Neurotechnology and Spine business which grew net sales by a staggering 18%.

Stryker stock has been a little weak lately. Our medical devices holding in New York had a great run to above $220 per share on good results, but sagged to below $200 in recent days, on news that they will spend up to $5.4 billion to acquire Wright Medical Group (share code WMGI).

A friendly client of ours forwarded me a quarterly market commentary from a US-based asset manager last night. The firm is bearish, concerned about market levels and advising clients to sell stocks. They say that avoiding losing money is better than missing opportunities. They advise the buying of gold, silver and US Treasuries and the hoarding of lots of cash. Their clients must be glumly watching as the market makes new all-time highs?! As it goes higher, people of a bearish inclination become even more keen to sell.

Yesterday our favourite medical devices consolidator announced another bolt-on acquisition. Stryker is buying Canadian listed TSO3 for C$68.4m ($52m), an 18% premium to its 30-day average.

On Thursday night Stryker released second quarter results which impressed the market. Sales increased by 9.9%. Take a look below at their three divisions and where that growth came from.

On Tuesday after the US market closed, Stryker released their latest quarters results. Continuing the form of other companies, Stryker beat both on revenue and earrings. Even though the company beat analyst expectations, share were down yesterday. I suppose it shows that the market is expecting big beats.

On Tuesday Stryker reported really solid numbers. So much so that the stock shot up 11% yesterday. Remember Stryker are leaders in manufacturing medical devices. From hospital beds to artificial hips, knees, spines. Basically, any bone in your body can be replaced with an intricately designed Stryker device.

Medtech giant Stryker is another core holding in Vestact portfolios in New York. The company makes medical devices, surgical tools, replacement hips and knees and many other human spare parts. Stryker released their third-quarter numbers last week and show no signs of slowing down. Organic net sales grew at 7.9% to $3.2 billion, thanks to a 9.5% increased unit volume, which also allowed the company to price their products at a cheaper level than its competitors.

Byron's Beats Stryker have made another bolt on acquisition. Excuse the pun. This time they have purchased privately held HyperBranch Medical Technology for $220 million. According to the release.

Stryker is buying Invuity. In case you are new around here, Stryker is a Vestact-recommended company that makes spare parts for humans, and surgical equipment.

Another of our Vestact top stocks, Stryker, was out with a quarterly update last night. Obviously we use this newsletter to report on such news, since our customers are our readers and they own Stryker.

Sometimes I feel the technological innovations in healthcare are overlooked. All the focus seems to be on the likes of software, mobile phones, wearable devices, self-driving cars, gaming, drones etc. Maybe it is because healthcare is complex and difficult to understand for the layman?

Its been a while since one of our Vestact recommended stocks got involved in a mega-deal. Medical device maker Stryker hit the news wires last night. We have often spoken about Stryker as a potential consolidator in the fragmented medical devices industry. They are debt free and have been buying up small, innovative companies and integrating them into the Stryker supply chain. Yesterday, however, they went big, $50bn big.

Last week Stryker reported first quarter results which looked solid. Sales increased 9.7% whilst adjusted earnings per share grew by 13.5% to $1.68.