Wednesday, May 22, 2013

Investopedia: Medtronic Still Reporting Weak Growth, But A Relatively Rare Bargain

Bargains are getting harder and harder to find in the med-tech sector these days, and with Medtronic (NYSE:MDT) sporting a double-digit EV/EBITDA ratio and a 35% gain in the share price over the last year, it doesn't necessarily jump out as a bargain. Nevertheless, with signs of stabilization evident in CRM and spine and some high profile products coming out in a couple of years, Medtronic is still worth considering even at this 52-week high.

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