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Medtronic is the 'Sell of the Week'
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Charles Rotblut, editor of AAII Journal, made Medtronic his "Sell of the Week" on MoneyLife with Chuck Jaffe, noting that the medical-device maker is roughly 35 percent above its fair value. In addition he says a corporate inversion - where Medtronic will be acquired by the smaller Covidien in a deal made mostly for tax reasons - means that shareholders will be facing capital gains when the deal goes through, so they might as well take the gains on their own schedule.
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