All these recent articles about potential buyers of spinoff divisions will cause a dead cat bounce when they go through, but then the stock will keep dropping! Looking forward to 50s by end of 2023!! Thank the board
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I don't work there anymore --- but are there "headwinds" or "foreign currency exchange" impacting the stock price?
Was does Saba say?
https://imgflip.com/i/81fexr
Congrats on $75! Soon $70!
Watching my MDT stock under Captain Geoff is like watching an episode of Voyage to the Bottom of the Sea.
Dive!
Dive!
Dive!
Oof, what a sh--e show!
"Because r&d investment isn’t part of the GE playbook"
It's not part of the Covidien playbook either.
But it was part of the Medtronic playbook.
RIght now leadership is in love with Blackstone and getting blackstone to pay Medtronic R&D in return for a huge cut of the profits. Medtronic is mortaging their future and when those products launch you'll hear the wailing about how gross margin is taking a huge hit and we need to tighten our belts... It's such a sad state for a company that used to support real innovation.
Because r&d investment isn’t part of the GE playbook. You either purchase startups that have taken the risk and expense of R and do the D in house OR you just sell off any profitable segment. Take a look at what 3M is doing
I still understand how leadership think reducing the R&D investment will help MDT stock.
So you RIF most of your senior engineering talent in 2020, continue to hemorage good experienced people for the next 3 years, and reduce R&D investment across the board. Yep. Stock is right where it should be.
Maybe taking a longer term view would help to turn things around.
@1jzh+1oTj4OEf Agreed! Going to 40s unless the board is removed.
Congrats on mid 70s!! Crash speed run!
To the poster that said go back to work rather than posting here, you must be high.
Medtronic cuts 10,000 people (mainly people in the United States) and your answer is that we should work harder to drive the stock higher?
Yeah let’s all work harder so they can relocate our jobs quicker. After all, leadership has been so transparent right?
When you continue to lay people off, understaff and your financial performance still su-ks, you’re doing it wrong.
60s here we come
What a dumpster fire lol. Knowing what I know though, the price should be in the 40s tbh
I left for a new job for higher pay, better benefits, and less backstabbing. Since I've left, the stock has shed nearly ~$10-15B in shareholder value; so if anything, it's your lack of performance that is causing this downward trajectory if all MDT is left with is folks like you.
Medtronic only hires the best executives...
Go back to work rather than commenting here. If you arent working and collecting free paychecks, you are also responsible for poor stock performance
Soon they'll surpass $77.46 from March 2020, which is a new record low!!
I'm going all in on put options!!! YOLO