
NYSE:MDT
This summary was created by AI, based on 2 opinions in the last 12 months.
Experts have mixed opinions on Medtronic Inc (MDT-N), with one reviewing it positively, stating that the company is set to capitalize on advancements in AI, alongside the strong market demographics of the Baby Boomer population. The other expert, however, is more skeptical, acknowledging that while MDT is making gains against competitors like Boston Scientific, it lacks the substantial R&D capabilities necessary for sustained leadership in the long run. There is caution expressed that the investment may not be suitable for those looking for a long-term hold, as the focus is more on trading amidst anticipated product launches that could support the stock's upward movement for up to 18 months. Ultimately, while MDT may have a diversified product range which provides some advantage, the lack of a strong R&D pipeline compared to its peers raises concerns about its future competitiveness.
Likes this medical device-maker. They presented at today's JPMorgan's healthcare conference. The stocked slipped 1% today after the company trimmed organic growth forecast this quarter because the explosion of Covid cases is forcing the postponement of medical procedures. This happened at a previous conference, so he's not surprised. The Covid issue is temporary and meanwhile more people will get vaccinated that will unleash pent-up demand for MDT's devices.
A large medical tech company, one of the largest in that field. It is a nice industry that he likes. They deliver consistent earnings growth. It is more of an oligopoly market. It could be a core holding in a portfolio to get medical technology exposure. He holds BSX-N, however.