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Essay text:
In addition, during periods of economic uncertainty, medical equipment has seen continued gains.
We are evaluating two companies within the Medical Equipment Industry: Stryker Corp. (NYSE:SYK) and Medtronic Inc. (NYSE:MDT). Our main goal is to analyze which company might make a better investment.
Stryker Corp (NYSE: SYK)
We are recommending a buy at a price target of: $78.90
Market data as of: 07/18/2007
STOCK PRICE: $64.52
ANNUAL DIVIDEND: $0.33
MARKET CAP: $26.58B
PRICE TO EARININGS: $25.34
(TRAILING 12MOS)
PRICE TO EARNINGS: $25.69
(FORWARD 12MOS)
FULL YEAR ENDED 12/31/
2004 2005 2006 2007
Total Net Sales $4,262,300 $4,608,900 $5,147,200 $6,000,500
Sales Growth 17...
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