Medtronic: An Undervalued Dividend Aristocrat

Aug. 22, 2022 3:51 PM ETMedtronic plc (MDT) StockMDT19 Comments

Summary

  • Medtronic, like many medical device makers, has seen poor share price action lately.
  • I see considerable value with shares near the bottom of their 5-year trading range.
  • The company is also a solid dividend holding with a history of sizable dividend increases.
  • Looking for more investing ideas like this one? Get them exclusively at Ian's Insider Corner. Learn More »
Medtronic office in Pointe-Claire, QC, Canada.

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Medtronic (NYSE:MDT) is one of the world's largest medical device makers. It has a wide range of products spanning various clinical conditions. Unlike some smaller rivals, it isn't overly tied to any one specific product, device, or type of treatment.

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This article was written by

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Ian Bezek is a former hedge fund analyst at Kerrisdale Capital. He has spent the decade living in Latin America, doing the boots-on-the ground research for investors interested in markets such as Mexico, Colombia, and Chile. He also specializes in high-quality compounders and growth stocks at reasonable prices in the US and other developed markets.

Ian leads the investing group Ian's Insider Corner. Features of the group include: the Weekend Digest which covers everything from new ideas to updates on current holdings and macro analysis, trade alerts, an active chat room, and direct access to Ian. Learn More.

Analyst’s Disclosure:I/we have a beneficial long position in the shares of MDT,SYK either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

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