For the first time all year MDT is outperforming the market. The market is down a percent point, but MDT is up over 2 %. Here comes another big bump for ExComm.....
6 replies (most recent on top)
Its only up as a sympathy becuase of Intuitive Surgical and Abbott earnings which were a blowout.
Medtronic will be back to where it was by the time Geoff announces earnings next month, it has nothing to with macros, more to do with his and his teams poor execution. Clown to save his own job will still blame Covid and inflation
Great, all my ESPP holdings are now slightly less underwater
Only reason MDT is up (the whole Med Device is up) is because of strong earnings from Abbott. If you notice, we aren't up nearly the same as them and doesn't appear those other competitors are doing layoffs either (macro my a-s).
Geoff Martha should get zero bonus or incentives this year. His 28% raise last August was not performance based.
Fu-k Wall Street.
Thanks Wall Street, I am glad you're getting a minor dividend increase instead of thousands of families getting food on the table.