Keep Your Portfolio Healthy with Abbott Labs

by Sam Collins | December 1, 2008 12:46 pm

Abbott Laboratories (ABT[1]) — This healthcare company develops, manufactures and sells products worldwide and has been in a bull market for more than 20 years.

However, ABT has spent this year in the narrow trading range of $48 to $60 while earnings have continued to improve.

The healthcare sector is considered to be defensive and ABT[1] is generally regarded as a leader of the group. The target for current purchases is $60 and S&P has a 12-month target of $65.

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  1. ABT:
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