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Stock impact report

Abbott Labs Is Sliding Closer To Attractive Territory [Seeking Alpha]

Abbott Laboratories (ABT) 
Last abbott laboratories earnings: 4/16 07:30 am Check Earnings Report
US:NYSE Investor Relations: abbott.com/investors.html
Company Research Source: Seeking Alpha
Summary Shares of Abbott Labs have been valued at a premium for some time now. The recent chaos in the markets has since distressed the share price. The company is fundamentally strong, and threats of a single-payer healthcare system in the US have diminished. The stock is now attractively priced for long-term investors and will become very attractive if it slides below $65 per share. In the continued selling of the broader market, it gets continually more enticing to look at discounts afforded on high-quality stocks with strong long-term fundamentals. Healthcare conglomerate Abbott Labs ( ABT Note: Our previous coverage on Abbott Labs can be found here The momentum in the stock market is a reflection of the sentiment felt by the general public. This is especially true in a situation such as we face now, when there is more uncertainty and misinformation than concrete facts. The market has now closed in bear market territory and is continuing to bleed heavily as I write this article. L Show less Read more
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