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Enter Symbol:
 
Medtronic, Inc. (MDT) [hlAlert]

Rating:
Buy MDT
up 39.95 %

Medtronic, Inc. (MDT) rated Buy

Posted on: Wednesday,  Jul 11, 2007  9:25 AM ET by Wachovia

Wachovia rated Buy Medtronic, Inc. (NYSE: MDT) on 07/11/2007, when the stock price was $52.53. Since
then, Medtronic, Inc. has gained 39.96% as of 08/27/2015's recent price of $73.52.
If you would have followed this Wachovia's recommendation on MDT, you would have gained 39.95% of your investment in 2969 days.

Medtronic, Inc. (Medtronic) is a global player in medical technology. The Company operates in seven segments that manufacture and sell device-based medical therapies: Cardiac Rhythm Disease Management, Spinal, CardioVascular, Neuromodulation, Diabetes, Surgical Technologies and Physio-Control. Through these seven segments, the Company develops, manufactures and markets its medical devices in more than 120 countries. Its primary products include those for cardiac rhythm disorders, cardiovascular disease, neurological disorders, spinal conditions and musculoskeletal trauma, urological and digestive disorders, diabetes, and ear, nose and throat conditions. The primary markets for products are the United States, Western Europe and Japan. In July 2008, it acquired Restore Medical, Inc. In November 2008, Medtronic acquired CryoCath Technologies Inc. In February 2009, it acquired Ablation Frontiers, Inc. and Ventor Technologies Ltd. In April 2009, Medtronic acquired CoreValve, Inc.

Wachovia offers a full range of products and services to meet the needs of corporate and institutional clients nationwide. These include capital raising, market making, and financial advisory products and services, to name just a few. We have the experience and resources you need to help your business grow and succeed. With a unified culture and integrated platform, ours is an organization that executes without distraction. We are focused and proactive, working as a team to deliver the ideas and capital for your needs.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
7/11/2007 9:25 AM Buy
None
52.53
as of 8/27/2015
1 Week down  -3.88 %
1 Month down  -4.03 %
3 Months down  -3.59 %
1 YTD up  28.10 %

(*) Stock Price at the time of the recommendation.
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