Stryker to Buy Wright Medical

07-NOV-19

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).


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Stryker Q3 - Inline With Expectations

30-OCT-19

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.


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Stryker Buys TS03

13-AUG-19

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.


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Stryker Q2 - Continue to Grow

29-JUL-19

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.


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Stryker Q1 - Pays Down Debt

25-APR-19

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.


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Stryker FY numbers - Strong Numbers

31-JAN-19

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.


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Stryker Q3 - Continues to Grow

29-OCT-18

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.


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Stryker buys HyperBranch Medical Technology

05-OCT-18

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.


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Another Stryker Purchase

12-SEP-18

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.


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Stryker 2Q numbers

25-JUL-18

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.


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Stryker Robot Training

19-JUL-18

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?


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Stryker makes an offer for Boston Scientific

12-JUN-18

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.


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Stryker 1Q numbers - steady as she goes

03-MAY-18

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.


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Stryker 3Q numbers - beating expectations

01-NOV-17

Stryker 3Q numbers - Completed the purchase of NOVADAQ Technologies on the 1st of September 2017


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Stryker buys NOVADAQ

22-JUN-17

Stryker has bought a small business called NOVADAQ, paying a massive premium, almost double the share price from Friday last. From the all time highs of 22.81 Dollars a share in March of 2014 however, it is half, the share price was 6.23 on Friday at the close. Of course, it is all relative. Still, the price tag is 11.75 Dollars a share, or 701 million Dollars. There is a break fee of 21 million Dollars, if the deal fails.


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