5 Best AI-Powered Healthcare Stocks to Buy According to Hedge Funds

4. Stryker Corporation (NYSE:SYK)

Number of Hedge Fund Holders: 81

On June 2, Stryker Corporation (NYSE:SYK) announced the launch of TPX HD. It is a small bone power tool designed for demanding orthopaedic procedures, including total joint revisions, minimally invasive surgery, and oral maxillofacial procedures.

Mike Carlin, president of Stryker’s Ortho Tech division, said revision surgeries are among the most demanding procedures, particularly when cutting metal. He noted that TPX HD was built for situations where “visibility is limited, precision matters, and surgeons need a tool they can trust to perform.”

The firm stated  TPX HD has several features. It includes a tapered attachment to build on visibility in confined spaces, a housing that helps reduce motor heat exposure at high operating speeds, and a shorter handpiece with an improved grip to improve ergonomics.

The company also said TPX HD delivers up to 296% more torque and operates up to 40% faster than its TPX Micro Drill at high speed. It also provides customizable controls through its CORE 2 Console and multiple specialized attachments.

Stryker Corporation (NYSE:SYK) is a medical technology company that offers products and services that help improve patient and healthcare outcomes. It works under the MedSurg and Neurotechnology, Orthopaedics, and Spine segments.