Nikhil Patel ’24 pitched Medtronic Inc PLC (NYSE: MDT) on February 12th, 2024. Medtronic is a leading global healthcare technology company specializing in the Cardiovascular, Medical Surgical, Neuroscience and Diabetes segments. It markets its products in more than 150 countries worldwide, serving healthcare systems, physicians, clinicians and patients. Nikhil’s investment thesis focuses on Medtronic’s future in high-growth segments and its adoption of artificial intelligence in medical devices. The goal of the proposal was to increase SMIF’s exposure to the large, growing MedTech industry with strong tailwinds. The class voted to buy approximately $34,000 of MDT, funded by the partial sale of UnitedHealth Group (NYSE: UNH).