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Stryker (SYK) Catches Eye: Stock Jumps 7.3%

Stryker Corporation SYK was a big mover last session, as the company saw its shares rise over 7% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This stock, which remained volatile and traded within the range of $143.63-$149.00 in the past one-month time frame, witnessed a sharp increase on Friday.

The move came after the company reported better-than-expected third-quarter results.

The Zacks Consensus Estimate for the current quarter has revised downward in the past 60 days, suggesting there may be trouble down the road. So make sure to keep an eye on this stock going forward, to see if this recent move higher can last.

Stryker Corporation Price and Consensus

Stryker Corporation Price and Consensus | Stryker Corporation Quote

Stryker currently has a Zacks Rank #3 (Hold) while its Earnings ESP is positive.

A better ranked stock in the Medical - Products industry is Terumo Corp. TRUMY which carries a Zacks Rank #1 (Strong Buy). You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here .

Is SYK going up? Or down? Predict to see what others think: Up or Down

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Stryker Corporation (SYK): Free Stock Analysis Report

Terumo Corp. (TRUMY): Free Stock Analysis Report

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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