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. (NYSE: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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