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  "documentTitle": "Stryker Corp. (SYK)",
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  "authorName": "Ben Axler",
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  "presentationDate": "2022-04-06 00:00:00",
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  "notes": "Uses a 'before-after' style contradiction framework to highlight management credibility issues.",
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      "text": "Less than a year after telling investors it would not make another “big acquisition” for “a couple of years” following Wright Medical, Stryker announced the acquisition of Vocera Communications for $3.1 billion.",
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      "text": "Spruce Point has grave concerns when management says one thing, and then does another, especially when it involves large, complex acquisitions.",
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      "text": "\"I don't anticipate that you'll see a -- sort of a big acquisition of the size of Wright Medical for a couple of years.\" — CEO Lobo, Q4 2020 Conf Call, Jan 27, 2021",
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      "text": "Warning: Be Careful When A Company Says One Thing, Does Another With Its M&A Strategy",
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