Medtronic based in Ireland, specializes in Robotic Surgeries. You are getting Value & Growth here folks.
These surgeries have been put on hold, being postponed due to pandemic. Just prior to March 2020 MDT's chart shows a 5 year up-trend. Upon March obviously we see the crash. This crash is superficial because MDT has long been in the market they currently are contenders in and have had their ups and downs like any value company, who sways with the natural currents of the markets over time. A professor once told me, he would always give a better grade to the kid who started out okay and grew through his class over the course of a year. Because anyone can do great for a short run; Long runs however, are true tests of mettle that show if you can adapt and that is what your getting with MDT. A company passionate about what they do and why they do it, great proven talent at the helm.
Medtronic also has grown via buyouts and M&A's; Covidien acquisition specifically, was the biggest in the history of Medical Device Industry. Their existing products are what have created the trend line up until August of 2020. Why you ask? Well, the most common narrative is that surgeries will commence again. But these backlogged surgeries were baked in to the previous estimates, so why would their stock POP as high as it did relative to the previous trend-line? Why is there a higher trend-line? Answer simply is the 4th Industrial Revolution.
5G and Internet of Medical Things (not to be confused with IoMT which is Military) allow for Ubiquitous Computing (UbiComp - if you haven't heard of this yet, get familiar because I bet Ubi-Comp will be the most used word of 2021) and that is Edge computing my friends. Super fast-low latency data transfers will allow for Real-Time responses from your robot, operating it from anywhere in the world with absolute confidence that a data lag won't occur causing a possibly fatal error. 4G did not offer that confidence. In addition, more automated robotic procedures will be approachable by MDT due to new 5g capabilities allowing them to capitalize on this fresh blue ocean of a market.
Obviously, you cannot have hiccups in the commands to the robot if you are doing surgery remotely. So, MDT is getting an upgrade for the expected new Robotic products it will roll out over this and the coming years. I cannot express the amount of money just waiting to be scooped up by MDT for new contracts and likely they will continue to acquire and merge as the 5G Standard Protocol is created by various private companies, (IEEE etc.) and government officers.
Their new price target for 2022 should be closer to the $200 and up area.
I would go so far as to say you will see a merger or cooperation with Apple as it is moving into the Medical device industry and MDT might be a cheap buy for Apple.
These surgeries have been put on hold, being postponed due to pandemic. Just prior to March 2020 MDT's chart shows a 5 year up-trend. Upon March obviously we see the crash. This crash is superficial because MDT has long been in the market they currently are contenders in and have had their ups and downs like any value company, who sways with the natural currents of the markets over time. A professor once told me, he would always give a better grade to the kid who started out okay and grew through his class over the course of a year. Because anyone can do great for a short run; Long runs however, are true tests of mettle that show if you can adapt and that is what your getting with MDT. A company passionate about what they do and why they do it, great proven talent at the helm.
Medtronic also has grown via buyouts and M&A's; Covidien acquisition specifically, was the biggest in the history of Medical Device Industry. Their existing products are what have created the trend line up until August of 2020. Why you ask? Well, the most common narrative is that surgeries will commence again. But these backlogged surgeries were baked in to the previous estimates, so why would their stock POP as high as it did relative to the previous trend-line? Why is there a higher trend-line? Answer simply is the 4th Industrial Revolution.
5G and Internet of Medical Things (not to be confused with IoMT which is Military) allow for Ubiquitous Computing (UbiComp - if you haven't heard of this yet, get familiar because I bet Ubi-Comp will be the most used word of 2021) and that is Edge computing my friends. Super fast-low latency data transfers will allow for Real-Time responses from your robot, operating it from anywhere in the world with absolute confidence that a data lag won't occur causing a possibly fatal error. 4G did not offer that confidence. In addition, more automated robotic procedures will be approachable by MDT due to new 5g capabilities allowing them to capitalize on this fresh blue ocean of a market.
Obviously, you cannot have hiccups in the commands to the robot if you are doing surgery remotely. So, MDT is getting an upgrade for the expected new Robotic products it will roll out over this and the coming years. I cannot express the amount of money just waiting to be scooped up by MDT for new contracts and likely they will continue to acquire and merge as the 5G Standard Protocol is created by various private companies, (IEEE etc.) and government officers.
Their new price target for 2022 should be closer to the $200 and up area.
I would go so far as to say you will see a merger or cooperation with Apple as it is moving into the Medical device industry and MDT might be a cheap buy for Apple.