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Sohini Mondal

Medtronic Stock: Is MDT Underperforming the Healthcare Sector?

Medtronic MDT

Based in Dublin, Ireland, Medtronic plc (MDT) is a leading global medical device company with a market cap of $111.6 billion. Operating in the healthcare sector, the company develops and manufactures a broad range of device-based medical therapies across Cardiovascular; Medical Surgical; Neuroscience; and Diabetes segments.

Companies valued at $10 billion or more are generally considered “large-cap” stocks, and Medtronic fits this criterion perfectly, exceeding the mark. Medtronic leads the global cardiovascular market with its innovative pacemakers and defibrillators, maintaining a broad presence across 150 countries and treating over 70 health conditions.

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