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For Matters of the Heart (Valve), We Like Medtronic

For Matters of the Heart (Valve), We Like Medtronic

Debbie Wang: We recently took a deeper look at the transcatheter mitral valve market, which is a minimally invasive way to replace or repair the mitral valve, which is actually the most common valve malfunction out there. Coming off the heels of the incredible commercialization and success of the aortic valves, a lot of the cardiac device-makers are looking at mitral now as a potential growth driver in the future.

Of the device-makers that are pursuing this technology, we think that Medtronic has a lead. They have a head start and are first in line with their pivotal trial that's going on right now. If this company can manage to commercialize the product successfully, we think that there could be 22% upside to its share price. That's something that long-term investors should keep in mind.

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Debbie Wang

Senior Equity Analyst
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Debbie Wang is a senior equity analyst for Morningstar Research Services LLC, a wholly owned subsidiary of Morningstar, Inc. She covers the medical-device, diagnostics, and animal health industries. Previously, she was an associate director of equity analysis for Morningstar, leading the healthcare team.

Before joining Morningstar in 2002, Wang was a vice president and senior brand strategist for Leo Burnett. During her tenure at Leo Burnett, she led brand strategy on a variety of accounts, including Allstate, Amoco, McDonald's, Heinz, Smucker’s, Pepto-Bismol, and Celebrex.

Wang holds a bachelor’s degree in anthropology from Colgate University and a master’s degree in business administration from the University of Chicago Booth School of Business.

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