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Jim Cramer on Medtronic (MDT): “I Think That Everything They’ve Been Doing Lately Is Right”
- What: Jim Cramer praises Medtronic (MDT), stating they're making the right moves.
- Why: Cramer cites Medtronic's recent efforts to expand their product offerings and improve operational efficiency.
- Signal: Medtronic's stock price has risen **15%** over the past quarter, indicating a positive market reaction to their strategies.
- Target: Analysts expect Medtronic's revenue to reach **$31.5 billion** in 2026, driven by growth in their minimally invasive therapies segment.
- Risk: Medtronic faces intense competition in the medical device market, which may impact their ability to maintain market share and revenue growth.