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home / news releases / MDT - DexCom: Attractive Discount After Strong Earnings Results

MDT - DexCom: Attractive Discount After Strong Earnings Results

Medtronic plc.

2024-05-06 03:26:12 ET

Summary

  • DexCom shares took a slight tumble after earnings were announced Thursday evening off of strong results.
  • Guidance for the year was upgraded due to growing demand and FDA clearance for the Apple Watch as a primary display for blood sugars.
  • Despite concerns over timing and other risks, I believe there will be sustained revenue growth and that there is potential for long-term price accretion.

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DexCom: Attractive Discount After Strong Earnings Results
Stock Information
Company Name: Medtronic plc.
Stock Symbol: MDT
Market: NYSE
Website: medtronic.com
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