Stryker Corporation (SYK)

[analogdog]

Top 10 Stocks With Big Insider Buying, Buybacks

02/28/08 - 11:48 AM EST

"Next on the list is Stryker (SYK - Cramer's Take - Stockpickr), a medical device company that announced one of the largest buybacks last week. The company's board authorized a $750 million stock-repurchase plan.

The Kalamazoo, Mich.-based company, which specializes in orthopedics, on Jan. 23 posted spectacular quarterly and year-end results. In the fourth quarter, the company earned $278 million, or 66 cents a share, a 21.8% jump from the same period last year. Net sales increased 18.4% to $1.66 billion in the quarter."

http://www.thestreet.com/_yahoo/newsanalysis/stockpickr/10405222.html?cm_ven=YAHOO&cm_cat=FREE&cm_ite=NA

NOTE: Stock went $62 - $69 in 3 days on the financials announcement and is almost back to that level despite record earnings and the aging population needing hips and knees.