Medtronic, Inc. (NYSE:MDT)
CAPS Rating:
A medical technology Company alleviating pain, restoring health, and extending life for millions of people around the world.
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A medical technology Company alleviating pain, restoring health, and extending life for millions of people around the world.
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Medtronic's stock has been somewhat over slashed by the market downturn this summer - I hesitate to call it a crash - and I think the stock is headed to the mid 50s by the end of 2012. Forward earnings supports a mid 50s share price and Medtronic's dividend yield is near 2% to boot. I think this makes Medtronics an easy thumbs up since I've heard no bad news recently.