Which Top Healthcare Tech Stocks Have the Strongest Earnings Trends?

Earnings trends are extremely important when evaluating stocks. At Wall St. Cheat Sheet, we view increasing earnings quarter-over-quarter as a simple way to gauge whether costs and the business model are stable. Then we like to analyze whether the company is outperforming peers in the sector. This is what we call the “E-Squared” investment analysis (‘E = Earnings Are Increasing Quarter-Over-Quarter’ + ‘E = Excellent Relative Performance Versus Peers and Sector’).

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Here’s your Cheat Sheet to how the top 5 healthcare tech stocks rank via earnings trends:

Medtronic, Inc. (NYSE:MDT): Current Price $45.27

Fiscal Year 2008 2009 2010 2011 2012
Revenue ($) in millions 13,520 14,600 15,390 15,510 16,180
Diluted EPS ($) 1.87 1.84 2.79 2.86 3.41

We’re impressed with the steady growth in revenue and EPS every year at Medtronic.

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Next, our CHEAT SHEET investing framework asks us to drill down to the recent quarterly data:

Quarter Jan. 31, 2012 Apr. 30, 2012 Jul. 31, 2012 Oct. 31, 2012 Jan. 31, 2013
Revenue ($) in millions 3,918 4,297 4,008 4,095 4,027
Diluted EPS ($) 0.88 0.94 0.83 0.63 0.97

Quarterly revenue is flattening out, but the EPS in the latest quarter has improved sharply. Medtronic remains in our focus…