Medtronic Is A Strong Buy, Well-Positioned For The Future

Summary:

  • Medtronic plc is a well-established medical devices company with a diverse range of products and a strong track record of financial performance.
  • Medtronic operates in business segments that are well-positioned for the future.
  • At its current price of $80, Medtronic represents a strong buy for investors looking for a combination of stability and growth potential.

Medtronic office in Pointe-Claire, QC, Canada.

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Introduction

As a dividend growth investor, I seek new investment opportunities in income-generating assets. I take advantage of market fluctuations by starting new positions and diversifying my holdings, which allows me to increase my dividend income while using less capital. When I find

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Fastgraphs analysis

Fastgraphs

Medtronic diversification

Medtronic


Disclosure: I/we have a beneficial long position in the shares of MDT, JNJ, ABT either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.


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