Medtronic (MDT) Increases Despite Market Slip: Here’s What You Need to Know
From Nasdaq: 2024-11-15 17:45:04
Medtronic (MDT) closed at $87.53, up 1.78% from the previous day, outperforming the S&P 500. Analysts are anticipating an EPS of $1.24 for Medtronic’s earnings report on November 19, 2024, with revenue expected to reach $8.26 billion. The Zacks Rank system rates Medtronic as a Hold with a Forward P/E ratio of 15.82, suggesting undervaluation compared to industry peers. Solar stocks are expected to boom as the industry transitions to renewable energy, with solar projected to lead the expansion. Investors can access Zacks’ solar stock recommendation for free, offering a potential opportunity for significant gains.
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