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Medtronic plc (MDT): A Bull Case Theory

We came across a bullish thesis on Medtronic plc on Max Dividends’s Substack. In this article, we will summarize the bulls’ thesis on MDT. Medtronic plc's share was trading at $89.22 as of July 15th. MDT’s trailing and forward P/E were 24.71 and 16.03, respectively according to Yahoo Finance.

[caption id="attachment_1238714" align="aligncenter" width="768"] A doctor wearing gloves guiding a medical device into the human body.[/caption]

Medtronic (NYSE: MDT) stands out as a dependable dividend investment with 48 consecutive years of increases and a 3.1% dividend yield, over...