This $1,000 Medtronic Investment Turned Into $1,065 While S&P 500 Hit $2,034
Key Points
- A $1,000 investment in Medtronic has barely kept up with inf...
Your $1,000 investment in Medtronic over the past five years would have grown to a whopping $1,065 - barely enough to cover inflation and maybe a fancy coffee. Meanwhile, that same grand invested in the S&P 500 would be sitting pretty at $2,034, essentially doubling your money while Medtronic was busy taking a five-year power nap.
The Dividend Bright Spot (Yes, There Is One)
Before you write off Medtronic entirely, consider this: the company has been paying dividends for 48 consecutive years. That's longer than most people have been alive, and definitely longer than most meme stocks will...
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