3 Reasons to Buy Medtronic Stock Like There's No Tomorrow

Shares of Medtronic (NYSE: MDT) are off to a fantastic start in 2025, already rising by 13% year to date. The medical devices giant had some weakness in recent years amid disappointing trends from its diabetes segment, but it appears to have finally turned the corner with its increasingly diversified operating profile.Medtronic is capturing demand for its cutting-edge solutions, as recent product launches emerge to drive new growth. With the stock still trading at 26% below its 2021 peak, there's a sense that the current rally is just beginning. Here are three reasons Medtronic stock may make a great addition to your portfolio right now.Medtronic is renowned for revolutionizing healthcare through groundbreaking innovations, from pioneering the first implantable cardiac pacemakers to developing state-of-the-art minimally invasive surgical tools. Through its four core operating segments -- cardiovascular, neuroscience, medical-surgical, and diabetes care -- the company continues to cement its position as a global leader in medical technologies.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool