Changing demographics and increased utilization of healthcare around the world are strong support for a number of businesses within the healthcare industry. Technology and services companies offer the prospect of strong recurring revenues which help underpin growth supported by strong macro trends. Steris Corp. (STE) is a global leader in infection prevention, contamination control, and surgical and critical care technologies. Since forming in 1985, the company has developed the product offering into a broad portfolio providing an attractive advantage in the competitive sector allowing STE to generate income across three business segments. With a long-term growth path, STE offers 15% immediate capital upside potential combined with long term dividend and capital growth potential.
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