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-0.0127412640343132 -0.0127412640343132 -0.00214456919389431 -0.001009209032421 -0.001009209032421 0.00151381354863114 -0.00214456919389431 0
Stock impact report

Medtronic: On The Verge Of A Massive Turnaround [Seeking Alpha]

Medtronic plc. Ordinary Shares (MDT) 
Last medtronic plc. ordinary shares earnings: 2/18 06:45 am Check Earnings Report
US:NYSE Investor Relations: investorrelations.medtronic.com
Company Research Source: Seeking Alpha
The impact of the weight loss drugs on Medtronic's long-term growth prospects is expected to be limited and could be overstated. MDT's valuation isn't cheap relative to its sector peers, but its best-in-class profitability grade likely justifies the premium. I argue why MDT has likely bottomed out in early November, bolstered by positive buying sentiment. The recovery from its hammering from its 2021 highs could be just starting. Looking for a helping hand in the market? Members of Ultimate Growth Investing get exclusive ideas and guidance to navigate any climate. Learn More » Medtronic plc ( NYSE: MDT ) investors have had somewhat of a respite over the past month since it bottomed out in early November 2023, ahead of its fiscal second-quarter 2024 earnings release. The company reported its earnings on November 21, as recent buyers held their positions firmly, lifting my confidence that the worst in MDT could be over. I last updated MDT investors in mid-August, anticipating Show less Read more
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