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Biotech / Medical : Medtronic (MDT) -- Ignore unavailable to you. Want to Upgrade?


To: Dennis who wrote (545)5/23/2001 9:32:55 PM
From: Wallace Rivers  Read Replies (2) | Respond to of 687
 
I think so...I bought today, and got the low print of 41.25!! (well, I'll see if that holds up tomorrow...)
Not a low PE stock by any means, but, a leader in its field, solid financially, and barring any more reduced earnings guidance, still a consistent 15% grower.
The stuff they produce, IMHO, isn't discretionary, either.
A lot of technical stuff (particularly Bollinger Bands IMO) says the stock is oversold, as well.