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DewDiligence

01/10/17 11:47 AM

#207836 RE: DewDiligence #205586

ZBH +6% on pre-announced 4Q16 results:

http://finance.yahoo.com/news/zimmer-biomet-announces-fourth-quarter-123000842.html

ZBH is a major beneficiary of The Global Demographic Tailwind. However, the CEO just misspoke on the JPM webcast in saying that the number of people age 65+ will increase 20% by the end of the decade. He presumably meant the end of the next decade (i.e. 2030).