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ABBOTT LABORATORIES T.ABT


Primary Symbol: ABT

Abbott Laboratories is a global healthcare company. The Company is engaged in the discovery, development, manufacture, and sale of a broad and diversified line of health care products. The Company operates through four segments: Established Pharmaceutical Products, Diagnostic Products, Nutritional Products, and Medical Devices. The Established Pharmaceutical Products segment is engaged in the international sales of a broad line of branded generic pharmaceutical products. The Diagnostic Products segment is engaged in the worldwide sales of diagnostic systems and tests for blood banks, hospitals, commercial laboratories, and alternate-care testing sites. The Nutritional Products segment is involved in the worldwide sales of a broad line of adult and pediatric nutritional products. The Medical Devices segment includes the worldwide sales of rhythm management, electrophysiology, heart failure, vascular, structural heart, neuromodulation, and diabetes care products.


NYSE:ABT - Post by User

Bullboard Posts
Comment by MustangMatton Nov 15, 2016 3:05pm
122 Views
Post# 25464584

RE:RE:RE:RE:Bought back in today...

RE:RE:RE:RE:Bought back in today...
Nice, I hope you had a nice holiday.  I have yet to master the vacation.  Last vacation I was on I couldn't help but trade some ABT.  During the summer I did better because I went to the lake and had no wi-fi.  Funny thing is If I had no internet when I got home too, my Canopy stock would have tripled ha ha instead I sold for a 10% gain :(  I have yet to master the hold onto my winners and sell my losers sooner.
 
I sold out of ABT after the election, the chart looks bad to say the least.  I think I would be tempted around $5.40 where the stock broke out from a few years ago.  My speculation is that the divy is safe for now with all the cash they have on the books, with a 5 and half percent yield the stock should get some support. 
 
I thought the qtr. was so so, most analysts don't seem that excited and I think you may have nailed it with your comment that there isn't much to excite the market. 
 
I appreciate your comments, what would you want to see in the next qtr or two that would give you more confidence going forward?
 
It is hard for me to find good tech stocks in the Canadian market.  I have been looking to support business's with my equity and I feel that Canada needs to grow it's tech sectors.  There is far to much emphasis on commodities up here.  Cheers Matthew
 

Bullboard Posts