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Yahoo
10 minutes ago
- Yahoo
Why Medtronic Stock Raced Higher Today
Key Points Investors traded out of the company the previous day following its latest earnings release. The stock came roaring back on Hump Day, however. 10 stocks we like better than Medtronic › A clutch of post-earnings price target increases by analysts helped raise Medtronic's (NYSE: MDT) stock at a healthy rate on Wednesday. The sturdy medical device specialist's shares rose by almost 4% on the day as a consequence, a rate that looked especially good next to the S&P 500's (SNPINDEX: ^GSPC) 0.2% drop. Healthy raises Following a trend that began Tuesday after Medtronic published its first quarter of fiscal 2026 figures. The company posted revenue growth of 8% (to almost $8.6 billion), and improved non-GAAP (generally accepted accounting principles) adjusted net income by 2% to slightly over $1.6 billion. Both headline numbers beat the consensus analyst estimates, albeit not by much. The market, which collectively loves a crushing beat on analyst estimates, basically shrugged at this. Many investors traded out of Medtronic that day. The sun was shining brighter on Wednesday thanks to that series of price target bumps. By my count, seven analysts tracking the stock upped their fair-value assessments. Among these were pundits at such financial industry heavyweights as Wells Fargo, J.P. Morgan, and international bank UBS. Positive moves from cautious pundits I should note that in all cases, those price target raises were incremental. Nevertheless, the raising analysts frequently sounded bullish notes on Medtronic's prospects. One example was Leerink Partners' Mike Kratky, who only added $1 per share for a new level of $111, but maintained his outperform (read: buy) recommendation. According to reports, Kratky praised several elements of the company's operations, particularly its cardiac ablation solutions unit. Less positively, the analyst wrote that Medtronic suffered from weakness in its domestic sales. Should you invest $1,000 in Medtronic right now? Before you buy stock in Medtronic, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the for investors to buy now… and Medtronic wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $654,781!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $1,076,588!* Now, it's worth noting Stock Advisor's total average return is 1,055% — a market-crushing outperformance compared to 183% for the S&P 500. Don't miss out on the latest top 10 list, available when you join Stock Advisor. See the 10 stocks » *Stock Advisor returns as of August 18, 2025 Wells Fargo is an advertising partner of Motley Fool Money. Eric Volkman has no position in any of the stocks mentioned. The Motley Fool recommends Medtronic and recommends the following options: long January 2026 $75 calls on Medtronic and short January 2026 $85 calls on Medtronic. The Motley Fool has a disclosure policy. Why Medtronic Stock Raced Higher Today was originally published by The Motley Fool Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
10 minutes ago
- Yahoo
How personal loans may help families with back-to-school budgeting
Key takeaways Personal loans give you a predictable payment and can be funded quickly. They can help your credit score if used instead of credit cards. May keep you from depleting savings accounts or altering long-term savings goals. Average personal loan rates are more than 7 percentage points lower than average credit card rates. Although Bankrate editor Katie Lowery used credit cards and some savings for back-to-school expenses, she may need to take out a personal loan to purchase a big-ticket band instrument for her son. 'I didn't consider a personal loan this year because many of the costs are ongoing, and the total didn't justify a lump-sum loan,' she said. 'But if I have to buy my son's full-size marimba ($6,000), a low-interest personal loan with a short repayment term will be my first financing choice.' Back-to-school time can put a dent in the budgets of families already struggling with record-high credit card debt, leaving very little (if any) funds on hand for emergencies. Opting for a personal loan may help ease the back-to-school-budget pain better by spreading out payments. A personal loan may help you manage your budget before the first day of school arrives. Because you receive the funds all at once, you'll need to fine-tune the dollar amount ahead of time, but it will help you avoid the swipe-and-go-forget-about-it credit card alternative that comes with more interest charges and the ding to your credit score. It could also spark a money conversation with your kids, if you can handle the inevitable rolling of the eyes. Estimation of back-to-school costs Every year, the National Retail Federation puts out a report about how much consumers are budgeting per child for back-to-school (BTS) expenses. Here's how the averages roll out for 2025: Type of expense Per child expense (K-12) Electronics $295.81 Clothing and accessories $249.36 Shoes $169.13 School supplies $143.77 Total per child 2025 BTS expense $858.07 For the average two-child family, you'll spend about $1,700 on back-to-school shopping, but as many parents know, back-to-school can also mean going back to sports, dance recitals or any other interests your kids might have. These extracurricular activities would mean you need to budget extra money: $1,016 average per child for sports $251 average cost per student for music program $400 average fee for one competitive dance event Bottom line: If you have two kids, your back-to-school kick-off bill could quickly top $3,000. How can personal loans help? 4 ways personal loans can help you during the back-to-school season 1. Make a budget – and stick to it The best way to avoid the emotional pull of an impulse purchase during the school shopping season is to have all of your funds allocated ahead of time. With a personal loan, you receive all your funds in one lump sum. You don't get to reuse the credit as it's paid down because it's an installment loan. You're probably not going to be motivated to spend more because there's no card to swipe with an installment loan. Deloitte's back-to-school spending survey found that nearly two-thirds of parents say their kids often influence them to spend more, but Bankrate senior industry analyst Ted Rossman says this can be the perfect time to teach age-appropriate financial lessons to your kids, 'maybe as little as preschool, but certainly by elementary, and definitely middle and high school.' Rossman says that could help approach spending decisions differently. For instance, if you want to set a back-to-school budget at $200, but your kids also want fancy backpacks or shoes, let them know the purchase is possible only if you 'trim back somewhere else.' 2. Avoid the credit card merry-go-round The best way to stay off the credit card spinning ride is to use a personal loan. With average personal loan rates more than seven percentage points lower than credit card interest rates, your monthly payment might not be that much higher than what you're paying on your credit cards. According to a recent Bankrate credit utilization survey, 45 percent of cardholders maxing out their credit cards are parents with children younger than 18. To make matters worse, 46 percent of Americans with under-aged kids missed at least one payment due to rocky financial times. Credit score You won't damage the credit utilization ratio portion of your credit score by getting personal loans because they are installment products. 3. Consolidate the credit cards you used for back-to-school bills. If you already cranked up your cards, take heart: you can consolidate them with a personal loan. In fact, debt consolidation is one of the most common reasons to take out a personal loan. If you take one out and use the funds to pay those balances in full soon after your back-to-school credit charging extravaganza, you might minimize the damage to your credit score. Learn more: Do installment loans build credit? Yes – here's how Your scores may improve enough that you can shop for a lower personal loan rate in the future, or you may find other money-saving opportunities, such as a lower home or auto insurance premium, or refinancing high-interest student loans you took out when your credit scores were in the dumps. 4. Stop the high-frequency buy now, pay later bill-paying insanity Those buy now, pay later (BNPL) plans may seem like a great idea to avoid using credit cards until you realize having two kids and all the scheduling challenges of back-to-school may make it tough to keep track of those biweekly payments. Learn more: When to use buy now, pay later vs. a credit card If you took out multiple plans to pay for shoes, clothes, supplies and sports fees, you're tracking payments on each plan every two weeks, rather than monthly. If tracking the payment plan is like trying to find that missing sock in the dryer, use a personal loan to pay them all off. You'll simplify your life with one monthly payment, and you can always make extra payments to clear the balance faster if you want to. Personal loan calculator Wondering if a personal loan is the best fit for you? Try out some calculations to see if personal loans would be the right choice for you. Check lenders and rates now Breaking down the personal loan financial math If you're confused about back-to-school budget planning, it may be tough to sit down and crunch the numbers. To get an idea of how a personal loan could help, let's say you need $3,000 for two kids' worth of back-to- and after-school expenses. The table below compares three types of credit: BNPL plan with four biweekly payments Credit card with 20 percent interest Personal loan with 12.5 percent interest and a two-year term Type of credit Monthly payment Total interest Paid in full timeline Personal loan $142 $406.13 24 months BNPL $1,500 ($750 bi-weekly) $0 8 weeks Credit card $80 $4,390.04 226 months Back-to-school math results The personal loan monthly payment is $62 more than a credit card but saves you nearly $4,000 in interest versus a minimum credit card payment. BNPL doesn't cost you any interest, but will set you back $750 every two weeks. Higher revolving credit balances could sink your score, resulting in higher rates on future credit (think mortgages, auto loans, private student loans, etc). How Bankrate experts are handling their back-to-school budgets Katie Lowery Planning for school-year spending doesn't have to fall squarely on the backs of parents. For Lowery, it's become an annual family financial learning event. The lesson usually begins in the school supply aisle at Target. 'Before we leave the house, we make a shopping list, discuss additional items that would be nice and set a budget,' Lowery says. 'In the store, we talk about comparing prices between brands, keep a running total of our costs and discuss the added expense of sales tax.' Ted Rossman Despite Rossman's 10-year-old daughter teasing him about being so cost-conscious, comparison shopping is starting to sink in with her. 'I tend to be pretty frugal, and she's not shy about reminding me that. Like, 'Dad, you're so cheap. It's only a dollar.'' he says. Related: 4 best money apps for teaching kids financial literacy Rossman answers by doing some grocery cart Dad math. How could you add personal loans to the budgeting conversation? Kids are likely to know more about credit cards than personal loans because they are so heavily marketed to people of all ages. Here are a few quick personal loan lessons you can teach them: Little kids: You want a toy but don't have enough money in your piggy bank to pay now. Mom and Dad give you enough to buy it, and you pay them back from your allowance over the next couple of months until it's paid off. Middle school to junior high: You borrow money to buy something and pay back the same amount every month with interest until you pay it off, usually over several years. This is also known as an installment loan. High school: You have a job and want to borrow money to buy something expensive, like a new video gaming console or a new computer. You can borrow if the lender thinks you can repay the loan based on how much you make on your paystub and then repay it over several years, plus interest. The interest you pay depends on how much you make and your credit score. Bottom line Using a personal loan can be as predictable as the smell of crayons in kindergarten or a new teacher mispronouncing your last name on the first day of class (like Ceizyk). It can be a beacon of financial certainty amid the sea of chaos that may include forgotten lunches, new school drop-off patterns and endless parent-teacher orientation meetings. If you want to avoid maxing out your credit card, or you don't have the cash to pay for all the items on your child's bottomless needs for the school year, a personal loan may be worth considering, especially if you find yourself spreading the payments out on this year's Nutcracker costume deposits after finding out your daughter will be in three scenes (based on a true story). 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New York Times
12 minutes ago
- New York Times
How Trump Is Forcing Foes to Pay Up
Seven months into the second Trump administration, the president has picked fights with colleges, law firms, trading partners and private businesses, threatening them with investigations, tariffs or other consequences as he seeks to enact his agenda. And he has also offered them a simple way out of their Trump-instigated troubles, one that would hardly seem out of place in the clubby, mob-connected Manhattan he came up in: Pay up. And so they are. One by one, the president's foes — and even some of his purported allies — are agreeing to spend big on his terms, either so they can go about their business or avoid something worse. Some of the president's critics see it as nothing less than extortion. New reporting from my colleagues shows that Trump personally interceded as his aides negotiated with Columbia University, insisting they secure a $200 million payment on top of the policy changes it had already committed to make. And it's not just Columbia. Other colleges: Brown University agreed to pay $50 million to state work force development programs to keep its government funding in place, and an emerging agreement between Harvard and the government could see the university spending $500 million in a bid to maintain its federal funding and make a litany of federal investigations go away. Trading partners: The president has urged trading partners to show him the money in the form of investments as a way to avoid steeper tariffs, something my colleague Alan Rappeport described as directly injecting his 1987 autobiography, 'The Art of the Deal,' into trade policy. ('The dollar always talks in the end,' Trump and his co-author Tony Schwartz wrote in that book, which helped propel Trump to new heights of fame and cement his business-savvy image.) Private companies: The Trump administration said it would issue licenses to two companies wishing to sell A.I. chips in China, Nvidia and Advanced Micro Devices, only after those businesses took the unusual step of agreeing to give the federal government a 15 percent cut of those sales. It was a highly unusual agreement, my colleague Tripp Mickle wrote, but one the companies felt they had no choice but to make. The administration is also discussing taking a 10 percent stake in Intel, the struggling chip-maker, Tripp and Lauren Hirsch reported this week. Law firms: Elite law firms ponied up nearly $1 billion in pro bono legal services after they were targeted with punitive executive orders or other threats. Trump has hinted that he'll draw on it as a kind of personal legal war chest, and my colleagues reported today that two of the firms are said to be doing free work for the Commerce Department. It is not unusual for the federal government to reach settlements with entities it has investigated as they seek to avoid trials or other drawn-out proceedings. But it is unusual for a president to personally — and sometimes publicly — push for such payments himself with the full force of the federal government behind him. The approach, however, is consistent with the highly personalized and transactional approach Trump honed over his decades in New York. To him, leverage was everything, money is power — and he always looked for a way to come out on top. Want all of The Times? Subscribe.
