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home / news releases / ZBH - Stryker: A High-Quality Buy


ZBH - Stryker: A High-Quality Buy

Introduction and Thesis

I continue to look for high-quality buys. To my mind, Stryker Corporation (SYK) is a high-quality buy. The company has been perennially overvalued. In fact, its price-to-earnings ratio in February was over 30X, a threshold that I use as being overvalued. Of course, things have changed in the past month. Stock prices have been hammered due to the coronavirus, oil price wars, and transportation restrictions. Stryker was no exception, and in fact, the stock was down almost 45% from its 52-week high during the downturn. The rapid drop in stock

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Stock Information

Company Name: Zimmer Biomet Holdings Inc.
Stock Symbol: ZBH
Market: NYSE
Website: zimmerbiomet.com

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