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For research and development solutions, we expect revenue growth to soften, but we still expect a very strong growth for this defensive stock in the healthcare industry over the next five years with a revenue CAGR of 22%. Keonhee Kim, equity analyst Medtronic Fair Value Estimate: $112 Morningstar Economic Most Rating: Wide Medtronics standing as the largest pure-play medical-device maker remains a force to be reckoned with in the medtech landscape

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