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John is the author of Purple Chips (published by John Wiley & Sons, 2012). John began his 28 year investment career as a floor trader in 1984 after completing a B.Comm (Finance) at Concordia University. John is also a Lead Judge for the John Molson International MBA Case Competition and now... More
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Purple Chips
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Purple Chips
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Purple Chips: Winning in the Stock Market with the Very Best of the Blue Chip Stocks
  • Stryker $SYK Approaching Low Valuation 0 comments
    Jul 3, 2012 7:50 AM | about stocks: SYK

    • Stryker Corp (SYK, $USD $53.27) is approaching our low valuation target of $51.
    • Two comparative charts are presented below to establish the difference in valuation levels. Note how the EPS line is much lower than in Feb 2011 when the shares were at $63.26.
    • While Stryker has not yet hit the Low valuation in our model, it is a Top-25 US Purple Chip and is worth taking another look at.

    (click to enlarge)

    (click to enlarge)

    Disclosure: I have no positions in any stocks mentioned, but may initiate a long position in SYK over the next 72 hours.

    Stocks: SYK
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