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5 Things You Need to Know If You Buy Medtronic Today
Medtronic (NYSE: MDT) is a large medical device maker, but its stock hasn't performed particularly well of late. After hitting a peak in 2021, the stock fell nearly 50% and has since moved roughly sideways. If you think in decades and not days, this is a long-term opportunity. Here are five reasons why.With a market cap of around $110 billion, Medtronic is a giant company. It has leading industry positions in each of the various business lines in which it operates, which include cardiovascular products, neuroscience, medical surgery, and diabetes (more on this division below). Basically, the company has multiple levers for growth, and it is a strong competitor in each of the healthcare niches in which it competes.Image source: Getty Images.Continue readingWeiter zum vollständigen Artikel bei MotleyFool