Stryker Gains Ground On MAKO Robotic Unit Amid Forex Woes
Zacks Investment Research | Nov 28, 2017 10:07PM ET
On Nov 28, we issued an updated research report on Stryker Corporation (NYSE:SYK) . The company’s acquisition-driven strategy is expected to boost growth by expanding existing product offerings across all business segments.
However, challenging global economic conditions, supply side issues, fluctuations in foreign currency exchange rates and a strengthening dollar are likely to dent top-line growth in the near term. Stryker currently carries a Zacks Rank #3 (Hold). Stryker added almost 35% in the last year, much higher than the broader Zacks Investment Research
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