Steris Fights Infection, Stock Slump
Steris (STE Quote), a company that makes health-care equipment, is likely to see increased demand as baby boomers, medical professionals and the U.S. government grow cautious about the risks of contamination.
TheStreet.com Ratings views the company a buy, ranking among the top stocks evaluated by our quantitative model. The Ohio-based company has a diversified revenue stream, outstanding cash reserves and healthy margins.
Steris provides sterilization services and products to hospitals, medical-device manufacturers and individuals. As baby boomers age into seniorhood, the health-care industry is growing. A rise in medical operations and tighter regulation of hospital sterilization should benefit Steris, and its stock. ...
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