Medtronic (MDT) is a Top-Ranked Growth Stock: Should You Buy?

Group 1 - The Zacks Style Scores provide a unique rating system for stocks based on value, growth, and momentum, helping investors identify securities with high potential to outperform the market in the short term [2][3][6] - Each stock is rated from A to F, with A indicating the highest potential for outperformance, and the Style Scores are categorized into Value Score, Growth Score, Momentum Score, and VGM Score [3][4][5] Group 2 - The Zacks Rank is a proprietary model that uses earnings estimate revisions to guide investors, with 1 (Strong Buy) stocks achieving an average annual return of +23.75% since 1988, significantly outperforming the S&P 500 [7][9] - Investors are encouraged to focus on stocks with a Zacks Rank of 1 or 2 and Style Scores of A or B for the best chances of high returns [9][10] Group 3 - Medtronic, Inc. (MDT) is currently rated 3 (Hold) on the Zacks Rank, with a VGM Score of A, indicating it may be a suitable option for growth investors [11][12] - MDT is forecasted to have a year-over-year earnings growth of 1.1% for the current fiscal year, with a Zacks Consensus Estimate of $5.55 per share [12]