Wednesday, July 11, 2012
Medtronic Inc: $MDT Cash Flow Valuation Update
Current Price: ~ $38/share
Projected Yield: ~ 2.74%
One of the largest medical device companies, Medtronic develops and manufactures therapeutic medical devices for chronic diseases. Its implantable products include pacemakers, defibrillators, heart valves, stents, insulin pumps, and spinal fixation devices. The company markets its products to health-care institutions and physicians in the United States and overseas. Foreign sales account for about 41% of the company's total sales.