Prediction: Buying Medtronic Today Will Set You Up for Life

Healthcare can be a complex sector, and it is one that I long ago decided to outsource to the industry professionals who run closed-end fund Blackrock Health Sciences Trust. But I couldn't resist dipping my toe into the sector when I saw the historically high yield on offer from Medtronic (NYSE: MDT), one of the largest and most diversified medical device makers.Here's why this is the one healthcare stock I own and why I think it will help set me up for life -- and may do the same for you too if you buy it.One of the signs of dividend greatness is a company that has increased its dividend year in and year out for decades. That can only be accomplished if a company has a strong business model that gets executed well in both good times and bad. That said, even great companies go through bad times, which is when I most like to buy them. My preferred tool for finding companies that have fallen on hard times is looking for stocks with historically high dividend yields.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool