This week I decided to invest in the company Medtronic. Medtronic is a large cap leading medical technology company in the healthcare sector. Their 52 week range is 30.80 – 43.33 and yesterday they closed at 32.85. By buying shares at the lower end of their 52 week range, I am guaranteeing a good return on my investment as the value of their shares increase. They also offer a dividend of .97. According to analysts on stock scouter, Medtronic is expected to significantly outperform the market in the next six months. Medicine is becoming increasingly dependent on technological devices in all aspects of the healthcare industry which makes Medtronic a good company to invest in. I predict that Medtronic’s shares will increase by at least $3-4 over the next couple of months. The whole medical technology/appliance sector has experienced a slump over the past couple of months, but Medtronic has weathered the storm better than its competitors, Johnson and Johnson, Boston Scientific Corporation, and St. Jude Medical Inc. Medtronic is also introducing new “next-generation” cardiovascular devices in Japan today, which is more than what its competitors are achieving. They are also a good investment because they are a not only a nationally, but also a globally focused company.
Good information. You did a really good job of being specific and using the 52 week information.
ReplyDeleteNice job! Everything you wrote was vital to the post. You researched into your company well and that shows. Good job!
ReplyDeleteGood job you have really goid information on your 52 week range.
ReplyDeleteNice job! You were very thorough and extremely good information and covered everything!
ReplyDeleteVery good! Nice job with the 52- week information and the type of sector. Good detail
ReplyDeleteVery well done. My one question to challenge you with is how did you your prediction.? Is there any data to specifically support your dollar amount, can history help us here?
ReplyDeleteGreat job! Way to put in so much information of your stock! Your 52 week period is very helpful to know whether to invest in it or not. You covered pretty much everything you need! This is a really good journal!! I love how deep in details you went with your prices and predictions!
ReplyDeleteGreat job! Lots of info!
ReplyDeleteThis was very good! I couldn't find anything missing and it was easy to understand.
ReplyDeleteThis was a very good post! You included all the information and backed it all up. I was impressed with how much information you included so good job.
ReplyDeletegreat post! you did a good job and included all of the information needed
ReplyDeleteThis is Savannah Harker. Nice Job on your journal! I like how you were very precise on your information. You did a lot of researching and I liked how your predictions included you talking about the sectors.
ReplyDeleteHey! I invested in Medtronic last week!! Ha! But, what I really wanted to say was nice job. You had good information on the competitors and the 52-week range. You also had a solid prediction. Wonderful, just wonderful.
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