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Shares of Medtronic (MDT), the Dublin-based medical device company, haven’t exactly impressed with their 2024 price action. The company’s latest results for the fiscal fourth quarter didn’t help matters, either; despite beating top and bottom-line estimates, soft earnings guidance for the quarter and year ahead spooked investors, and led to a 5% single-day selloff in the stock post-earnings. Overall, MDT stock is down 1% on a YTD basis, and the shares are more or less flat over the past year – underperforming the S&P 500 Index ($SPX) considerably. Longer term, MDT has delivered negative return…

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