2024-02-16 03:46:40 ET
Summary
- Medtronic has a history of dividend increases and is well-positioned for long-term growth in the healthcare industry.
- The company's financial performance has been solid, with stable margins and consistent free cash flow.
- Medtronic has a strong balance sheet and is focused on implementing operating efficiencies to improve profitability.
- My valuation analysis suggests the stock is around 10% undervalued.
Investment thesis
Read the full article on Seeking Alpha
For further details see:
Medtronic: A Good Choice For Dividend Investors Seeking For Low Volatility