Advertisement
New Zealand markets open in 7 hours 38 minutes
  • NZX 50

    11,946.43
    +143.15 (+1.21%)
     
  • NZD/USD

    0.5941
    +0.0004 (+0.07%)
     
  • ALL ORDS

    7,937.50
    -0.40 (-0.01%)
     
  • OIL

    82.45
    -0.36 (-0.43%)
     
  • GOLD

    2,332.90
    -5.50 (-0.24%)
     

Is This Dividend Growth Stock a Buy?

Is This Dividend Growth Stock a Buy?

In the 81 years since it was founded, the Kalamazoo, Michigan–based medical devices company has become one of the largest businesses in its industry. Stryker reported $4.5 billion in net sales during the third quarter (ended Sept. 30), a 7.7% growth rate over the year-ago period. What led to the healthy net sales growth for the quarter?