May. 30 at 5:52 PM
$MDT Earnings this week upcoming, and I expect the Company to achieve top/bottom lines projected by analysts. Guidance will be critical here (per usual). The Company has shown consistent top-line growth (5YR CAGR 5%), healthy business development across all verticals, good margins (EBITDA: 28.5%, NI: 13%) and strong consistent positive FCF. They have reasonable leverage (Net Debt/EBITDA: 2 and EBIT/Interest Expense: 10) and good liquidity (Current: 2.5, Quick: 1.8). They pay a 3.8% dividend at present valuation. Watch earnings, look for possible fall to
$68-69 support line even if data are good. Oversold on 3YR Weekly and 1YR Daily. 25-50% upside from this level (IMO) + Dividend. Growth and Income. The entire sector is Oversold with strong/compelling financials and reasonable valuations. All to consider (IMO) -
$ABT $SYK $BSX
