The Only Healthcare Stock I Would Buy and Never Sell Is Medtronic

Company Overview - Medtronic is one of the world's largest medical device companies with a diversified portfolio across cardiovascular, neuroscience, and medical-surgical sectors [2] - The company is planning to spin off its diabetes business to refocus on its highest-profit and fastest-growing operations, indicating a strategic shift [2] Innovation and Growth - Medtronic has a proven track record of innovation, exemplified by the Hugo surgical robot, which positions the company in a fast-growing medical market [4] - The company is expected to see revenue growth of 5.5% in fiscal 2026, reflecting its strategic focus on growth [7] Dividend Performance - Medtronic has achieved 48 consecutive annual dividend increases, nearing the status of Dividend Kings, which signifies a strong and reliable business model [5] - The current dividend yield is approximately 2.92%, which is historically high, indicating the company's commitment to returning value to shareholders [7] Market Position - Medtronic has a market capitalization of $124 billion, with a gross margin of 67.46%, showcasing its financial strength [7] - The stock price currently stands at $96.88, with a day's range between $96.46 and $97.86, reflecting market activity [7]