5 Most Oversold Large Cap Stocks to Buy

2. Stryker Corporation (NYSE:SYK)

RSI Value: 22.06

Market Capitalization: $109.33 billion

Stryker Corporation (NYSE:SYK) is one of the most oversold stocks to invest in.

TheFly reported on May 4 that SYK saw its valuation outlook revised as Truist reduced the price target to $330 from $380 while maintaining a Hold rating on the stock. The adjustment followed updates to the firm’s financial model after the company’s first quarter results. The revision also reflected disruptions from a cyber-related incident in the first quarter, which affected the timing and flow of earnings. Additionally, the lowered target incorporated broader valuation pressure, with reduced multiples across large-cap medical technology peers contributing to the updated outlook for the stock.

Moreover, previously, on April 30, Stryker Corporation (NYSE:SYK) reaffirmed its fiscal 2026 outlook, keeping adjusted earnings per share guidance in the range of $14.90 to $15.10, slightly above consensus expectations. The company also maintained its projection for organic net sales growth between 8.0% and 9.5%, supported by modestly positive pricing trends. Management noted that foreign exchange is expected to provide a slight tailwind to both revenue and adjusted earnings per share, assuming current currency levels persist, indicating stable operational expectations for the year ahead.

Stryker Corporation (NYSE:SYK) is a global medical technology company based in Portage. It develops products in orthopaedics, surgical equipment, and neurotechnology, serving patients worldwide with innovative healthcare solutions.