May. 3 at 5:54 PM
$MDT Oversold on the 1YR Daily and 3YR Weekly charts, falling to an historical support level at/around
$79. The Company has stable/consistent revenue growth (3%), strong/healthy margins (EBITDA~27%, NM~13%), consistent positive FCF, good liquidity (Current/Quick~2) and reasonable leverage. The SP might continue to fall near term, much like I have mentioned for
$BSX, but the valuation and stochastics are becoming increasingly opportunistic (IMO) for both of these Companies.