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Fly News Breaks for July 10, 2017
NVDQ, SYK, ZBH
Jul 10, 2017 | 08:14 EDT
RBC Capital analyst Glenn Novarro prefers Zimmer Biomet (ZBH) over Stryker (SYK) heading into Q2 results. The analyst says that Zimmer's stock can rise if the company's meets Q2 consensus estimates and maintains its guidance. The analyst says that Stryker's ability to beat 2017 EPS estimates will be "limited" by its Novadaq (NVDQ) acqusition and its investments. However, the analyst recommends buying Stryker on pullbacks.