Vobogeck

Medtronic's Healthy Future - Barron's

This is an excellent summary of the case for buying Medtronic, but I would point out one minor inaccuracy. Medtronic's current price of $33.40 is not a ten year low, it is a six-year low. Its 52-week low of $24.06 was a ten year low.

However, its P/E ratio is at a ten+ year low and with a ten year earnings growth rate of 18% pa it is a solid buy under $45 for long term dividend investors.