UNCOVERED: 5 | History Defined

Unusual Options Activity with Medtronic Puts Shows Bullish Investor Outlook

Today there was unusual activity with Medtronic put options, indicating that a large investor had likely shorted near-term puts for an income play. This shows a bullish outlook for MDT stock.

Barchart · Apr 12, 2023

3 Top-Rated Companies to Buy Today

Amid the Fed’s monetary policy tightening and the recent financial sector turmoil, fears of an economic slowdown have soared, which in turn induced market volatility. Given this backdrop, quality stocks Comcast Corp. (CMCSA), Medtronic (MDT), and GSK plc (GSK) might be solid buys today. Read on….

StockNews.com · Apr 11, 2023

3 Medical Device Stocks to Watch Right Now

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.

StockNews.com · Jan 18, 2023

Medtronic Stock Keeps Ticking Forward

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.

Benzinga · Jul 27, 2022

Now is a Great Time to Pick Up This Passive Income Stock

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…

StockNews.com · Jun 22, 2022

Check Out What Whales Are Doing With MDT

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.

Benzinga · Jun 3, 2022

6 Stocks To Buy That Are Near 52-Week Lows

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…

Benzinga · Jun 1, 2022

5 All-Weather Stocks to Protect Your Portfolio from a Bear Market

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…

StockNews.com · May 27, 2022

Medtronic, DaVita To Jointly Form Kidney Health-Focused Company

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…

Benzinga · May 26, 2022

Why Medtronic Shares Are Plunging Today?

Medtronic Plc's (NYSE:MDT) Q4 FY22 sales of $8.09 billion decreased 1% Y/Y on a reported basis but increased 1% organically, missing the consensus of $8.42 billion. The company has forecasted Q4 organic revenue growth of approximately 5.5%. Q4 adjusted EPS of $1.52 increased 2%, missing the analyst consensus of $1.56. Medtronic's heart device…

Benzinga · May 26, 2022