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Medtronic: The Only Medical Device Stock I'd Consider a Lifetime Hold

Source: Motley Fool

2026-02-28 09:50:00 ET

When it comes to medical devices , some of the most exciting ones, to me, are robotic surgical systems. Intuitive Surgical has been a leader in that arena, averaging annual gains of 19% over the past 15 years. Its shares are a bit on the steep side these days, though, and it's not the only game in town, either.

Consider Medtronic (NYSE: MDT) , which is moving into robotic surgeries while remaining a titan in the medical device world. Its valuation is more compelling , as it sports a recent forward-looking price-to-earnings (P/E) ratio of 16.3, for example, a bit below its five-year average of 16.7.

Image source: Getty Images.

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Medtronic plc.

NASDAQ: MDT

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-1.36% G/L:

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MDT Stock Data

$130,938,521,134
1,269,194,066
0.03%
8
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Medical Equipment & Supplies
Healthcare
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