Medtronic (NYSE: MDT) is a top healthcare company and a leading maker of medical devices. At a market cap of more than $100 billion, the business has soundly established itself in the industry. It has hundreds of products, it continues to innovate, its operations are profitable, and it pays and increases its dividend every year […]
Shares of Medtronic (NYSE: MDT) responded poorly to the company’s latest quarterly results announcement. The market knocked the stock about 5% lower on May 23, but some analysts who follow the medical device manufacturer recognized some positive signals. Wells Fargo analyst Larry Biegelsen raised the bank’s price target on Medtronic by $3 to $105 per […]
Medtronic (NYSE: MDT) stock slipped 2.8% through 10:15 a.m. ET this morning despite beating earnings forecasts in its fiscal Q4 2024 earnings report. Heading into earnings, analysts had the medical devices company pegged for a $1.45 per-share profit, but Medtronic “beat” by a penny, reporting $1.46 instead. Similarly, Medtronic exceeded expectations for $8.4 billion in […]
If you’re an everyday investor looking for stocks that can deliver steadily rising dividend payouts over long periods, the healthcare sector is the right place to begin your search. People get sick during economic downturns just as often as they do when businesses are booming. Medtronic (NYSE: MDT) and Walgreens Boots Alliance (NASDAQ: WBA) are […]