Medtronic: Possible Earnings Beat Incoming But Still Overvalued

Company Overview - Medtronic plc is an American-Irish medical device and components company founded in 1949 in Minneapolis, MN [1] - The company moved its legal and executive headquarters to Dublin after acquiring Covidien in 2015 [1] Investment Philosophy - The investment philosophy emphasizes the joy of compounding, the value of dividend reinvesting, and the principle of patient investing through various market conditions [1] - The approach combines steady accumulation of high-quality assets with high-risk/high-reward opportunities, underappreciated turnaround plays, and transformative technologies [1] Personal Background of the Investor - The investor describes themselves as an amateur, self-taught in investing with no formal education in the field [1] - They have over 20 years of teaching experience at the college/university level and hold a PhD from Brunel University [1]