Medtronic: Buy The Dip And Start The DRIP


  • Medtronic is a durable healthcare products company with a longstanding history of success and a sound business model.
  • Market sentiment has been highly negative around the stock based on what I see as being temporary headwinds.
  • Those with a long-term focus may do well to lock in the stock at the current low price with a historically high dividend yield.
Success business chart with green arrow up and USA dollars background. Profit and money. Financial and business graph. Stock market growth 3d illustration.


Buying quality stocks on the cheap is a great way to accumulate long-term wealth. Case in point is a number of beaten down pharmaceutical companies like Merck (MRK) and Amgen (AMGN), that were trading in bargain basement

Disclosure: I/we have a beneficial long position in the shares of MDT 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.

Additional disclosure: I am not an investment advisor. This article is for informational purposes and does not constitute as financial advice. Readers are encouraged and expected to perform due diligence and draw their own conclusions prior to making any investment decisions.

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