July 01, 2013 at 17:52 PM EDT
Medtronic Offers Strong Share Price, Dividend Growth
It's hard to beat Medtronic (MDT) for steady share price action, earnings and dividend growth lately. Shares of the world's biggest maker of medical devices have risen 27% this year, easily beating the S&P 500. They're up 38% from a year ago and 73% from a bottom of 30.18 in August 2011. The stock is 10% past a 47.50 buy point from a flat base, putting it well out of buying range. A test of the 10-week line could provide a follow-on buying
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