Is Medtronic Stock A Buy Now That Sales Growth Has Picked Up?

Investors considering Medtronic (MDT) stock face an immediate concern: the shares returned 1.9% over the past year, trailing the 17.3% gain for the S&P 500. Yet Medtronic raised its outlook for the year in September, following higher fiscal first-quarter profit and sales. The company is also splitting off MiniMed Group, meaning the business you buy today is changing. So how much faster is Medtronic actually growing.