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Medtronic's Management Presents at Morgan Stanley Healthcare Conference - Transcript

11:50 EDT 10 Sep 2013 | Seeking Alpha

Medtronic, Inc. (MDT)

Morgan Stanley Healthcare Conference

September 4, 2013 10:30 am ET

Executives

Gary Ellis - CFO

Analyst

David Lewis - Morgan Stanley

Presentation

Question-and-Answer Session

David Lewis - Morgan Stanley

Great. Let's get going. Thanks for joining us here for the morning session. It's my pleasure to have with us here Medtronic and their Chief Financial Officer, Gary Ellis. My name is David Lewis, Director of the Medical Device franchise here in the U.S. So, for those who do not know and I think most of you know who Medtronic is. So, this has been an interesting year for cardiovascular large cap stocks, they virtually all materially outperformed our index by 2X to 3X so "cardio" to back. Medtronic obviously was not star from that either. They had a significant year here. So, I think what we're talk about today is why is cardio outperforming this year and

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