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home / news releases / MDT - Abiiomed: Lots Of Growth Ahead


MDT - Abiiomed: Lots Of Growth Ahead

While economic uncertainty continues to be high, I want to invest in companies that are looking to solve today’s biggest problems. This leads me to a fast-growing player in healthcare: Abiomed Inc (NASDAQ: ABMD). Even at 14x revenue and 56x forward earnings, Abiomed is priced at a reasonable level where the company is expected to produce both double-digit revenue growth and steady margins for the next 5+ years, leading the company to be undervalued today and a great investment opportunity tomorrow.

Source: Company Website

Why Abiomed Trades At 14x Revenue

Abiomed provides solutions enabling the

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Stock Information

Company Name: Medtronic plc.
Stock Symbol: MDT
Market: NYSE
Website: medtronic.com

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