Is This Powerhouse Medical Devices Stock a Buy?
What's one of the best ways to play the growing and aging global population? I would argue that since an older population will require more access to healthcare, it's difficult to go wrong with medical device stocks. In fact, market research firm Fortune Business Insights' forecast that the global medical devices market will grow 5.4% annually from $455.3 billion in revenue this year to $658 billion by 2028.
The large-cap medical devices stock Stryker (NYSE: SYK) is one stock that should do well in the years ahead. So, let's take a look at whether the stock is currently a buy.
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Source Fool.com
