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Holly LaFon
Holly LaFon
Articles (9117)  | Author's Website |

Jeff Auxier Comments on Medtronic

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November 08, 2018 | About:
Hoping to take advantage of the rapidly growing medical sector, Medtronic (NYSE:MDT) has focused on four high growth areas: Cardiac and Vascular, Restorative Therapies, Minimally Invasive Therapies, and Diabetes. The diabetes group has seen particularly strong growth from the MiniMed 670G featuring Smartguard, which is the world’s first hybrid closed loop insulin system. The Tax Cuts and Jobs Act freed up over 40% of their cash helping them towards their goal of returning 50% of free cash flow to shareholders.




From Jeff Auxier (Trades, Portfolio)'s third-quarter 2018 shareholder commentary.

About the author:

Holly LaFon
I'm a financial journalist with a master of science in journalism from Medill at Northwestern University.

Visit Holly LaFon's Website


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