Topic: How To Invest

What is Pat’s commentary for the week of September 19, 2023

Article Excerpt

The COVID-19 pandemic resulted in the short-term suspension of elective procedures at hospitals and clinics around the world. Throughout the disruption, hospital-equipment supplier Steris kept reporting rising revenue and profits. The stock has since gone on to new highs. The company is now in a great position to profit from favourable long-term demographic trends such as an aging population. Moreover, it has successfully used a key acquisition to expand into a lucrative new market. I asked our Successful Investor research department to draw up this Inner Circle Spotlight report on the stock. It explains why we feel Steris makes a solid addition to any investor’s portfolio. We hope you enjoy and profit from this Spotlight. Pat INNER CIRCLE SPOTLIGHT REPORT ON STERIS PLC Steris’s niches are lucrative and growing STERIS PLC, $226.45, symbol STE on New York (Shares outstanding: 98.8 million; Market cap: $22.5 billion; Manufacturing & Industry sector; TSINetwork Rating: Extra Risk; Dividend yield: 0.9%;, sells sterilization equipment and other products and…