Topic: How To Invest

Q: What does TSI recommend in terms of buying Medtronic plc? Thanks.

Article Excerpt

A: Medtronic plc, $79.19, symbol MDT on New York (Shares outstanding: 1.3 billion; Market cap: $106.4 billion; Manufacturing sector; TSINetwork Rating: Average;, develops, makes and distributes a wide range of healthcare-related devices and equipment. Based on revenue, the company is the world’s largest medical device provider. Medtronic operates in 150 countries and employs over 90,000 people. For tax purposes, it makes its head office in Dublin, Ireland, but it has its operational headquarters in Fridley, Minnesota. The company has four main segments: The Cardiovascular Portfolio (36% of total revenue) includes the Cardiac Rhythm & Heart Failure, Structural Heart & Aortic, and Coronary & Peripheral Vascular businesses. The Medical Surgical Portfolio (29%) includes the Surgical Innovations and the Respiratory, Gastrointestinal & Renal units. The Neuroscience Portfolio (28%) includes the Cranial & Spinal Technologies, Specialty Therapies, and Neuromodulation businesses. The Diabetes Portfolio (7% of total revenue). Overall, 51% of the company’s sales are from the U.S., 32% from other developed countries, and 17% from…