Stryker: Reaching Interesting Levels (NYSE:SYK)
Stryker's shares have dropped 10% since March due to a soft Q1 performance, attributed to a cybersecurity incident. Despite this, the company maintains its full-year guidance for 8.0-9.5% organic sales growth and is expanding its cardiovascular portfolio with the acquisition of Amplitude Vascular Systems. This price dip and maintained guidance make the current valuation of 20-21x earnings more attractive.
https://seekingalpha.com/article/4909174-stryker-reaching-interesting-levels