The Latest Breaking News from MDT

With the healthcare industry expected to grow significantly in the coming years, the demand for medical equipment will remain strong. Therefore, it could be wise to add fundamentally strong medical device stocks Abbott (ABT), Medtronic (MDT), and Utah Medical Products (UTMD) to your watchlist now. Continue reading.

Medical devices market is growing amid technological advancements and the incidence of chronic diseases. Moreover, the healthcare sector is known to withstand an uncertain macroeconomic environment relatively well due to inelastic demand for its products and services. Therefore, Medtronic (MDT) and Edwards Lifesciences (EW) could be solid investments now, considering…

A whale with a lot of money to spend has taken a noticeably bullish stance on Medtronic. Looking at options history for Medtronic (NYSE:MDT) we detected 10 strange trades.

A whale with a lot of money to spend has taken a noticeably bearish stance on Medtronic. Looking at options history for Medtronic (NYSE:MDT) we detected 17 strange trades.

Renowned kidney dialysis provider DaVita (DVA) reported solid second-quarter results. The company is expected to witness massive growth in the coming quarters, backed by strength in DaVita Kidney Care and steady expansion in international markets. Moreover, Warren Buffett’s Berkshire holds nearly 38% stake in the company. However, is it too…

Medical device maker Medtronic (NYSE: MDT) stock is trading down (-14%) for the year. Medtronic is the world's largest medical device maker with a portfolio of glucose monitors, stents, insulin pumps, pacemakers, and catheters. It serves patients in over 150 countries.

The surging inflation and the Fed’s efforts to tame it by aggressively hiking interest rates have led to many analysts forecasting a recession later this year. Investors must consider picking up stocks that generate passive income in an uncertain economic environment. Medtronic (MDT) recently announced an 8% increase in its…

Someone with a lot of money to spend has taken a bullish stance on Medtronic (NYSE:MDT). And retail traders should know. We noticed this today when the big position showed up on publicly available options history that we track here at Benzinga.

Weakness in the S&P 500 has made life unpleasant for investors so far in 2022, but it has also created buying opportunities in a handful of high-quality stocks. Long-term investors looking to buy the dip can find plenty of stocks to buy that are at or near their lowest prices…

In the current, uncertain market environment, one of the best strategies to protect one’s portfolio is to invest in stocks capable of withstanding all market and economic conditions. With fears of a looming recession, we think investors could look to add the stocks of all-weather companies Constellation Brands (STZ), Johnson…

Medtronic plc (NYSE:MDT) and DaVita Inc (NYSE:DVA) intend to form a new, independent kidney care-focused medical device company (NewCo). NewCo will focus on developing a broad suite of novel kidney care products and solutions, including future home-based products. Medtronic and DaVita will co-own the NewCo, each with equal equity stakes and led by an…