Trying to sound like I know something...overbought here as it's accelerating too quickly. I think we bounce down as some (smarter than me) take well timed profits. Still heading for $133...still long...I just think this is too fast
MDT price target was just upgraded to $133 by Citi. I see it overshooting that in the long run. Elective surgeries have been put off and doctor visits have been down throughout the pandemic so the amount of pent-up demand for surgical/medical care is going to be through the roof. With an aging population, healthcare is a MUST as a sector to allocate to.
MDT is...
