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Added to YB: 2024-09-06

Pitch date: 2024-06-30

ABT [bullish]

Abbott Laboratories

-4.44%

current return

Author Info

No bio for this author

Company Info

Abbott Laboratories, together with its subsidiaries, discovers, develops, manufactures, and sells health care products worldwide.

Market Cap

$163.9B

Pitch Price

$100.07

Price Target

N/A

Dividend

2.68%

EV/EBITDA

15.77

P/E

26.36

EV/Sales

4.24

Sector

Health Care Equipment and Supplies

Category

growth

Show full summary:
Diamond Hill Select Fund New Position: Abbott Laboratories

ABT: Diversified healthcare co. w/ strong intl. presence (40% from emerging mkts). Solid growth prospects, skilled mgmt in capital allocation. Strategic moves: Euro generics divestiture (2014), St. Jude acquisition (2016). Portfolio spans devices, pharma, nutrition, diagnostics.

Read full article (1 min)