|Bid||116.15 x 1000|
|Ask||117.99 x 900|
|Day's Range||116.59 - 118.29|
|52 Week Range||72.13 - 122.15|
|Beta (5Y Monthly)||0.71|
|PE Ratio (TTM)||42.63|
|Forward Dividend & Yield||2.32 (1.99%)|
|Ex-Dividend Date||Dec 21, 2020|
|1y Target Est||N/A|
Geoff Martha, Medtronic CEO, joined Yahoo Finance Live to discuss the future of medical technology.
Investors still appear set to favor the broadening out of at least some equity allocation as the flow of capital found favor in more cyclical type businesses. From the perspective of sector performance, Energy led the way yet again, followed by Discretionaries, Materials, Financials and Industrials, all (using Sector SPDRs as proxies) gaining a full percentage point or more. Left behind once again were the Information Technology, Health Care (which is at least a little surprising, we'll dig into that a little bit down below), and the Communication Services sectors.
The technical indicators are mixed for the big medical device maker and suggest bulls are not strongly behind the latest advance in the shares.