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Valued at a market cap of $11.6 billion, Teleflex Incorporated (TFX) designs, manufactures, and supplies single-use medical devices for common diagnostic and therapeutic procedures in critical care and surgical applications. The Pennsylvania-based company markets and sells its products to hospitals and healthcare providers worldwide through direct sales force and distributors.
Companies worth more than $10 billion are generally described as “large-cap” stocks, and Teleflex fits this criterion perfectly. The company offers products and solutions for a wide range of areas, such as anesthesia, emergency medicine, and interventional cardiology. It is renowned for its trusted brands, which include Arrow, Barrigel, Deknatel, LMA, and Pilling.