Medtronic (MDT)

Medtronic (MDT)

Postby winston » Thu Sep 27, 2018 10:35 pm

not vested

A GLOBAL LEADER IN HEALTH CARE TECHNOLOGY

Today's chart gives us more proof that the bull market in health care is in full swing...

The Population Reference Bureau estimates the number of Americans ages 65 and up will more than double by 2060. According to our colleague Dr. David Eifrig, these shifting demographics will fuel a boom in health care stocks. Seniors need medical care – regardless of politics or market noise...

We can see this playing out today with Medtronic (MDT), a leading provider of medical devices and equipment. The $134 billion company operates in more than 150 countries and holds around 46,000 patents.

Medtronic helps treat many of the conditions that are more common among older folks – like cancer, heart disease, and diabetes. In the most recent quarter, the company's sales from diabetes treatment alone increased more than 27%.

And as you can see, Medtronic's stock is also on the rise. Shares are up more than 25% over the past year, recently hitting a new all-time high. As demand grows in the health care market, Doc's bullish call on these stocks remains a safe bet...

Source: Daily Wealth
It's all about "how much you made when you were right" & "how little you lost when you were wrong"
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winston
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Re: Medtronic (MDT)

Postby investar » Fri Jan 18, 2019 2:32 am

Interesting here at 87$? They purchased MZOR for a steal.

I am also watching junior CVRS - young doctors like robotics...
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Re: Medtronic (MDT)

Postby winston » Fri Aug 02, 2019 10:04 pm

not vested

THIS COMPANY KEEPS EARNING PROFITS AS BABY BOOMERS AGE

Today's company is an international leader in health care...

Regular readers know that our colleague, Dr. David Eifrig, believes health care stocks are set to soar. According to the U.S. Office of Disease Prevention and Health Promotion, 24% of the U.S. population will be seniors by 2060. That's 98 million people.

And as they grow older, they'll need more and more health treatments. Today's company is rising to meet this challenge...

Medtronic (MDT) started as a medical-equipment repair shop in 1949. Today, it's the largest medical-device company in the world. The $139 billion giant operates in more than 150 countries worldwide... But the majority of its revenue comes from the U.S. That means it's perfectly positioned to keep providing treatments for America's seniors.

The company's sales have risen consistently for the past five years, reaching more than $30 billion for fiscal 2019.

As you can see, the stock is climbing, too. It's up roughly 65% over the past five years... And as Boomers age and need more medical care, that climb should continue...

Source: Daily Wealth
It's all about "how much you made when you were right" & "how little you lost when you were wrong"
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