The only standard by which this past quarter was good for the major
med-tech companies was that it could have been worse. While Covidien (COV) did pretty well and Johnson & Johnson (JNJ) looked a little stronger, most of the reports carried a tinge of disappointment to them. Well, Medtronic (MDT)
at least brings the reporting cycle to a positive end. While I'm not
especially confident that this quarter marks a big turn in revenue
growth, this does look like a high-quality med-tech stock trading too
cheaply.
Please follow the link for the full article:
For Medtronic, A Little Improvement Is Still Improvement
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