History has shown that purchasing stocks in resilient companies that can weather market highs and lows is an effective long-term investment strategy. 

Ireland-based (NYSE: MDT), a major player in the medical device industry, is one such company. For years, the company steadily increased its revenue and earnings, keeping its business stable. This allowed it to pay and raise dividends consistently for the past 46 years.

Let's look at its most recent quarterly results to see why it's a good investment right now.

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Source Fool.com