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New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.
Joel Elconin is the co-host of Benzinga's #PreMarket Prep, a daily trading idea radio show.
Medtronic PLC (NYSE: MDT) shares are trading higher by $2.79 at $78.05 in Tuesday's session.
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Better than expected Q4 earnings and revenues ($1.01 v., Est. $0.97 and $4.32B vs. $4.25B) have propelled the issue to new all-time highs. This makes the fifth quarter in a row that the company has met or beat Wall Street's estimates for EPS.
After a higher opening by over $1.00 at $76.54, it retreated only $0.21 to $76.33, before continuing higher. After eclipsing its former all-time high ($77.39), it has rallied to $78.30 and is trading at its high for the session.
So far this month, Medtronic plc has added over $7.00 to its share price after bottoming on February 2 at $70.91.
This matches a similar run it had off its October 15 low ($59.83) to October 31 high ($68.41), before a brief consolidation and another rally into the mid $70.00 handle.
Crypto Whales Are Loading Up — Are You?
New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.