Better Buy: Medtronic vs. Intuitive Surgical
The stock market appears to be gradually recovering from the disaster that was 2022. So far this year, the S 500 has gained 16%. While the stock market goes through ups and downs, investing in solid stocks with high growth potential can help to secure one's portfolio in the long run.
The healthcare industry is defensive, which means that regardless of the economic situation, most healthcare products will always be in demand. While elective procedures took a hit during the global pandemic, demand is returning to normal.
(NYSE: MDT) and Intuitive Surgical (NASDAQ: ISRG) are two such healthcare companies that are doing exceptionally well in the medical devices segment. However, one of them has the better potential to make investors wealthy in the long run.
Source Fool.com
Medtronic plc Stock
With 7 Buy predictions and only 2 Sell predictions the community sentiment for the stock is positive.
As a result the target price of 90 € shows a positive potential of 22.58% compared to the current price of 73.42 € for Medtronic plc.
