Medtronic PLC

MDT: XNYS (USA)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
	$873.00	Kghqytq	Gcgvnnywm

Though Underlying Business Remains Moaty, Potential for Expensive M&A Drives Moat Lower

Debbie Wang

Mar 21, 2024

Business Strategy and Outlook

Medtronic's standing as the largest pure-play medical-device maker remains a force to be reckoned with in the med-tech landscape. Pairing Medtronic's diversified product portfolio aimed at a wide range of chronic diseases with its expansive selection of products for acute care in hospitals has bolstered Medtronic's position as a key partner for its hospital customers.

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