If you are wondering whether Medtronic is fairly priced or offering value right now, you are not alone. This article is built to help you answer that question with clear numbers.
Medtronic shares last closed at US$96.42, with returns of a 3.9% decline over 7 days, a 3.5% decline over 30 days, a 0.4% gain year to date, a 16.7% gain over 1 year and a 32.3% gain over 3 years, while the 5 year return sits at a 5.4% decline.
Recent attention on Medtronic has focused on its position as a major medical device company and ongoing product and portfolio updates, which have kept it on the radar of both income focused and quality focused investors. This context helps frame how investors interpret the recent share price moves, especially as…