How To Buy Stryker Stock

You can buy Stryker shares with one of the brokers below depending on the type of trading you wish to conduct. You can buy Stryker shares with a broker like eToro or you can trade Stryker CFDs with XTB you can begin trading Stryker shares right away.

If you are buying shares in UK or Europe eToro offer 0% free commission on stocks. This is a big eToro selling point.

when a client buys Stryker stock at 1x leverage with eToro its completely free and they are buying the underlying stock. Also with eToro, clients can buy fractional shares – Min deposit is $200, but $50 is the minimum trade on stocks. eToro are one of the cheapest places to buy stocks.

Broker eToro XTB Plus500 FXPrimus Trading212 AvaTrade
Rating
Used By 12,000,000+ 250,000+ 15,500+ 10,000+ 14,000,000+ 200,000+
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Scroll down to read our indepth article on How To Buy Stryker Stock. What you should know, Types of trading Stryker Stock and CFD's. Pros and Cons, everything is explained below.

How To Buy Stryker Stock Table of Contents

Stryker Financial Details

Financial Details

Stryker Stock symbol SYK
Stryker Sector and Industry Health Care Medical Equipment & Devices
Stryker Exchange NYSE - New York Stock Exchange
52 Week High $223.45
52 Week Low $174.84
Stryker Market Capitalisation $79,005,889,599.00
Stryker Average Volume 1,569,181.00
Stryker PE 38.5
Stryker EPS 5.48
Stock Currency USD

Overview of Stryker

Stryker Corporation develops, manufactures, and markets specialty surgical and medical products. The Company's products include implants, biologics, surgical, neurologic, ear, nose and throat and interventional pain equipment, endoscopic, surgical navigation, communications and digital imaging systems, as well as patient handling and emergency medical equipment.

Stryker is an American Health Care Medical Equipment & Devices company currently traded on the New York Stock Exchange (NYSE).

Stryker trades under the stock symbol SYK on the NYSE.

Stryker shares are traded in USD.

Stryker has a current share price of $211.02 USD dated 31/01/2020.

The highest Stryker share price over the last 52 weeks was $223.45 USD and its lowest price over the last 52 weeks was $174.84 USD. That is a 52 week price range of $174.84 - $223.45.

Stryker Trading Volume and PE

Stryker currently has 374,400,000.00 active shares in circulation traded through the NYSE exchange.

Stryker market capitalization is $79,005,889,599.00 with an average daily trading volume of 1,569,181.00 shares.

Trading volume is the amount a security that was traded during over a certain duration. When talking about shares volume refers to the number of shares that have been bought and sold during a given day.

Stryker has a Price Earning Ratio ( PE ) of 38.5 and earning per share ( EPS ) of 5.48. Generally speaking Stryker having a high P/E ratio means that Stryker investors forsee increased growth with Stryker in the future. The current average market P/E ratio is roughly 20 to 25 times earnings. Companies that are losing money do not have a P/E ratio.

Stryker earnings per share is Disney company profit that's allocated to every Stryker common stock. Earnings per share is calculated by taking the difference between Stryker's net earnings and dividends paid for preferred stock and then dividing that amount by the average amount of Stryker shares outstanding.

Stryker Financial Charts

Financial Details

Stryker Information

Stryker Location & Contact Information

Address 2825 Airview Blvd Kalamazoo, MI 49002 United States
Phone Number 1-269-385-2600
Website URL www.stryker.com

Stryker Executives and Board Members

Chairman/CEO Kevin A Lobo
President/COO Timothy J Scannell
Chief Acctg Officer/VP/Controller William E Berry Jr
Stryker Board Member Kevin A Lobo
Stryker Board Member Allan C Golston
Stryker Board Member Ronda E Stryker

How To Buy Stryker Stock Guide

Buying Stryker Stocks and CFDs

When investing in Stryker you have several options as to what type of investment you wish to conduct. You can buy traditional Stryker shares with one of our listed brokers or you can trade what is known as CFDs or contracts for difference.

We explain in detail the difference between buying Stryker shares with stock brokers and trading Stryker with CFDs below.

Stryker CFD Trading vs Traditional Share Dealing

CFD trading is quite much like stock trading except when you exchange a CFD you do not actually own any Stryker stock.

If you buy Stryker shares with a stock broker you actually own a share of Stryker. When you trade a contract for difference (CFD) you have an agreement with your CFD broker and are speculating that the Stryker price will change up or down.

Lets explain why you would buy Stryker as a CFD instead of as a share.

If you went and brought 100 Stryker shares at $100 a share with a stock broker you own $1000 of Stryker.

The main difference when trading Stryker as a CFD and buying Stryker as a share is contracts for difference offer increased leverage.

Contracts for difference are traded on margin which means to have $1000 invested in Stryker you would not need to invest the full amount as you would with a stock broker. You could invest a fraction of the amount ( known as the CFD margin ) with a CFD to hold a similar position in Stryker. Trading an Stryker CFD allows investors to hold larger positions than their invested amount. Be aware that although investing in an Stryker CFD like this amplifies any potential profit. It always exaggerates your potential losses which may exceed your amount invested.

If you invested in an Stryker share with a stock broker you would only lose the amount you invested as you pay the total cost of your position to your broker upfront. There is no leverage.

What CFDs allow you to do is profit from both the rise and fall in the Stryker share price. An Stryker CFD long would be hoping to profit from a rise in the Stryker share price. An Stryker CFD short would be aiming to profit from a fall in the Stryker stock price. Trading CFDs allows traders to profit from both directions of the Stryker price on the financial exchange. Giving traders greater chance to move with the financial markets.

With traditional Stryker shares you can only profit from a rise in the Stryker stock price.

Stryker CFD and Stock Market Times

When trading in traditional Stryker shares you are limited to when the stock exchange is open. You can only buy and sell with your broker when the market is open.

With CFD trading you can deal 24/7 around the clock.

Buying Stryker Shares with a Broker

Buying shares with a stock broker limits your risk to your initial investment as stock brokers require you to pay for the total amount of your investment. Stock brokers offer no leverage or loans when buying Stryker stock. This limits your risk to your initial amount invested in Stryker. You can only lose the amount invested with traditional Stryker shares. Another benefit of buying Stryker shares with a broker is that you may be eligible to receive Stryker company dividends if applicable.

If you Invest in Stryker via a CFD you have no shareholder privileges as you don't actually own any underlying assets in Stryker. If you buy Stryker stock with a broker you may receive shareholder perks and benefits. There are certain requirements to be eligible for some of these Stryker benefits as in owning a certain amount of stock for a set period.

If you own shares in Stryker you may be eligible to voting rights at Stryker shareholder general meetings.

Stryker Shares and CFDs and Tax

You should confirm with your local tax office but CFDs are free from stamp duty. When trading CFDs losses can be offset against profits when submitting your tax return.

Investment in Stryker Stocks and shares are only exempt from tax if the Stryker shares were brought through an ISA ( Individual Savings Accounts ) or SIPP ( Self Invested Personal Pensions ).

Should I trade Stryker Stocks and Shares or Stryker CFDs?

There are pros and cons to trading in both Stryker Stocks and CFDs. Which is better depends on each investor and a few factors.

Investing in Stryker stocks and shares is better suited for long term investments. Historically Stryker shares provide better returns over the long term, usually a 10 year period.

Stryker CFD trading is more suited to intra day and mid term traders. Wth intra day trading on an Stryker share investors aim to profit on the fluctuating highs and lows of the Stryker price throughout the day. Day trading as you can imagine focuses on profiting from the daily Stryker stock price change.

CFD traders monitor live price movements by using real-time charts in an attempt to profit from live price movements.

Both types of trading have different benefits and risks. Make sure you have a good understanding of what you are doing before you invest.

With CFD trading as you can short or long an Stryker stock you can hedge a trade against another trade.

A hedge is an investment that protects the money you have invested from risk. Traders hedge to minimize or offset a loss in value of an Stryker share price for example to a known amount.

Example Cost of Buying Stryker as a CFD Trade and Shares Side by Side

*All values below are estimates and are for illustrative purposes only. Please visit a broker for correct prices.

CFD and Share deals differ from broker to broker so check you are aware of the actual costs with your brokers.

Stryker CFD trade example Stryker Share deal example
Market price $211.02 $211.02
Broker Deal Invest $42.204 at 1:5 Margin (20%) Buy at $211.02 a share
Deal size 100 shares 100 shares
Initial outlay

$4220.4

(Margin = exposure x 20% margin factor)

$21102

(100 shares at $211.02)
Stamp duty No £20
Close price Sell at $253.224 Sell at $253.224
Estimated Profit

(42.204 point increase x 100 shares = $4220.4)

*Not including commission fees and taxes

($25322.4 - $21102 = $4220.4)

*Not including commission fees and taxes
Trade Stryker CFDs now with XTB Trade Stryker Shares now with Etoro

Our team have listed brokers that match your criteria for you below. All brokerage data has been summarised into a comparison table. Scroll down.

Our brokerage comparison table below allows you to compare the below features for brokers offering Stryker shares and CFDs.

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