Workflow
Medtronic(MDT)
icon
Search documents
Medtronic (MDT) Falls More Steeply Than Broader Market: What Investors Need to Know
Zacks Investment Research· 2024-01-30 23:56
The most recent trading session ended with Medtronic (MDT) standing at $86.97, reflecting a -0.54% shift from the previouse trading day's closing. The stock's change was less than the S&P 500's daily loss of 0.06%. At the same time, the Dow added 0.35%, and the tech-heavy Nasdaq lost 0.76%.The the stock of medical device company has risen by 6.14% in the past month, leading the Medical sector's gain of 1.65% and the S&P 500's gain of 3.36%.Investors will be eagerly watching for the performance of Medtronic ...
Medtronic (MDT) Stock Slides as Market Rises: Facts to Know Before You Trade
Zacks Investment Research· 2024-01-24 23:56
Medtronic (MDT) ended the recent trading session at $84.72, demonstrating a -1.88% swing from the preceding day's closing price. This change lagged the S&P 500's daily gain of 0.08%. Elsewhere, the Dow saw a downswing of 0.26%, while the tech-heavy Nasdaq appreciated by 0.36%.Coming into today, shares of the medical device company had gained 4.91% in the past month. In that same time, the Medical sector gained 2.16%, while the S&P 500 gained 2.4%.Market participants will be closely following the financial r ...
Is Medtronic Stock a Buy Now?
The Motley Fool· 2024-01-23 16:45
Many stocks performed well last year, but Medtronic (MDT -0.38%) wasn't one of them. The medical device giant failed to keep pace with broader equities, partly because it was still dealing with lingering pandemic-related issues, such as supply chain problems. However, Medtronic has a long and impressive track record of growing its revenue and earnings at a good clip and delivering solid returns to its shareholders.While the past isn't a guarantee of anything, it's also important not to write off the company ...
Medtronic receives FDA approval for deep brain stimulation system
MarketBeat· 2024-01-17 12:00
Key PointsMedical device manufacturer Medtronic received FDA approval for its Percept RC Deep Brain Stimulation (DBS) system.DBS helps to relieve movement disorders like Parkinson's disease, dystonia and essential tremor, causing involuntary muscle contractions and seizures by sending controlled direct electrical stimulation to areas in the brain.Medtronic is a dividend aristocrat trading at 16.9Xx forward earnings with a 3.17% annual percentage dividend yield.5 stocks we like better than MedtronicMedtronic ...
Medtronic: Positive FDA News, Remains Undervalued With Shares Near Resistance
Seeking Alpha· 2024-01-13 09:34
Bojan89 Medical device stocks have staged an impressive comeback on both an absolute and relative basis over the past three months. After crumbling compared to the S&P 500 into early October last year, partly due to fears the GLP-1 weight-loss drugs would stymie demand for invasive medical procedures, the group of Health Care sector equities has quickly become market leaders. Medtronic (NYSE:MDT) is up seven sessions in a row to jump-start the year. I reiterate my buy rating on the company. I continue t ...
3 Dividend Stocks to Bank On for Consistent Income
InvestorPlace· 2024-01-12 01:00
While capital appreciation is vital, dividends are also important to total returns. Dividend stocks for consistent income provide both and are often more stable.Your portfolio can be a reliable source of income if you pick the right dividend stocks. There are numerous dividend stocks for consistent income that pay out dividends frequently, either monthly or quarterly. Moreover, as these businesses grow earnings, they increase their dividends periodically, gradually increasing your yield on cost.As this year ...
Medtronic (MDT) Rises As Market Takes a Dip: Key Facts
Zacks Investment Research· 2024-01-12 00:34
The latest trading session saw Medtronic (MDT) ending at $87.09, denoting a +0.01% adjustment from its last day's close. This change outpaced the S&P 500's 0.07% loss on the day.The medical device company's shares have seen an increase of 6.32% over the last month, not keeping up with the Medical sector's gain of 7.37% and outstripping the S&P 500's gain of 3.98%.The upcoming earnings release of Medtronic will be of great interest to investors. The company's earnings report is expected on February 20, 2024. ...
Medtronic's (MDT) Percept RC DBS System Secures FDA Approval
Zacks Investment Research· 2024-01-11 13:16
Medtronic plc (MDT) recently received the FDA’s approval for the Percept RC Deep Brain Stimulation (“DBS”) system. The rechargeable neurostimulator is the latest innovation in the Medtronic Percept family, which includes the Percept PC neurostimulator, BrainSense technology and SenSight directional leads.The recent development will significantly boost the Neuromodulation business, which is part of Medtronic’s Neuroscience portfolio. The company is transforming brain modulation through sensing-enabled DBS an ...
Medtronic Stock's Rally Is Set To Continue
Seeking Alpha· 2024-01-11 04:50
JohnnyGreigIntroduction You are now reading my second Seeking Alpha article on Medtronic plc (NYSE:MDT) stock. I initiated coverage of this stock in late October 2023 and was able to point out to investors that the company was cheap near the local bottom. Since publication, MDT is up a whopping 27.61%, while the S&P 500 Index (SPY) is up 15.26% (ex-dividends in both cases): Seeking Alpha, the author's coverage of MDT stockAlthough part of my old thesis that MDT is 'too cheap to ignore' no longer sounds ...
Medtronic (MDT) Wins CE Mark for MiniMed 780G With Simplera Sync
Zacks Investment Research· 2024-01-10 13:16
Medtronic plc (MDT) recently achieved the CE Mark for the MiniMed 780G system with Simplera Sync, a disposable, all-in-one continuous glucose monitor (CGM) that does not require any fingersticks or over tape. The newest sensor is half the size of previous Medtronic sensors and features an improved user experience with a simple, two-step insertion process.The latest development will significantly boost the company’s Diabetes business. The MiniMed 780G system with the Simplera Sync sensor will be available in ...