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Abbott Labs Increases In Price But Doesn't Have Great Growth Prospects

2015-04-26 08:22:19| Biotech - Topix.net

This is a slow and steady stock which has beaten the market over the past year but doesn't have great long-term earnings growth projections. I'm not buying any more shares of the name right now and may actually close the position in May. The last time analyzed Abbott Labs , I stated, "After doing this analysis I will hold off on buying anymore shares in the name after this week but when February rolls around for my quarterly portfolio change-out the stock my no longer be present in the portfolio."

Tags: price great growth increases

Category:Biotechnology and Pharmaceuticals

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