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Medtronic plc Message Board

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  • joetong419 joetong419 Feb 9, 2011 7:11 AM Flag

    Medtronic is on the move up

    MDT became a giant company buying out companies in the 90s.

    Its stock price will move in baby steps unless it comes up with a product all needs.

    Your assumption baby boomers will need pacemakers and all the other devices MDT sells; medical insurance pays this, if baby boombers carry insurance.

    You must have only bought MDT stock recently in the low 30s; 5 years ago, MDT was in the 50s. I bought more shares in 2009 in the 30s and sold in the low 40s.

    In 2011 MDT has a chance at 50, if no negative earning surprises.

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