MDT – Those who believe the business media are pawns for pump & dump operations will doubtless question the bullish piece in the latest issue of Barron’s (#msg-37885809), which was published just a few days before MDT released tepid quarterly numbers.
MDT’s P/E based on consensus FY2010 EPS is about 10x, which is pretty cheap. Of course, the consensus FY2010 EPS could turn out to be too high.
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