Money and Finance
Keep Your Parents and Your Portfolio Moving with Stryker Corporation
When looking at my portfolio, one thing that stands out is the lack of exposure to the healthcare sector. I don't necessarily aim for certain sector allocations within my FI Portfolio; however, I'm very bullish on the sector and would like to increase my exposure there.
There's no denying that the healthcare sector is facing massive tailwinds with the "Baby Boomer" generation retiring daily. According to a 2014 report from the Census Bureau, the U.S. population of those 65+ is expected to nearly double between by 2050. The bulk of that growth is expected by 2035.
Given the demographic trends and vital nature of the healthcare industry, I've been looking for companies that fall into the sector and also fit my desire of being excellent dividend growth companies. Stryker Corporation (NYSE:SYK) is one such company that has grown dividends for 23 consecutive years.
Every $1 invested in Stryker Corporation 25 years ago is worth $55.83 today. That's 17.4% annualized growth. Historically Stryker has delivered excellent returns for investors and I expect that to continue moving forward. However, valuation is key to determining future returns, so I wanted to look at the current valuation for shares of Stryker and the future return prospects over the next 3 years.
Continue reading the Stryker Corporation Valuation Analysis on Seeking Alpha.
To view more of my analyses check out my Stock Analysis page or in the following Google Sheet.
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Money and Finance