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.
12 01 08 abt Keep Your Portfolio Healthy with Abbott Labs
dmo chart key Keep Your Portfolio Healthy with Abbott Labs

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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Endnotes:
  1. ABT: http://studio-5.financialcontent.com/investplace/quote?Symbol=ABT
  2. Daily Trader’s Alert: http://www.optionszone.com/order/?sid=9WT404
  3. Click here today to sign up today for Sam’s FREE Daily Trader’s Alert!: http://www.optionszone.com/order/?sid=9WT404
  4. samailc@cox.net: mailto:samailc@cox.net
  5. by clicking here: http://www.optionszone.com/trader-alerts/daily-market-outlook/

Source URL: http://investorplace.com/2008/12/12-01-08-abt/
Short URL: http://invstplc.com/1nIv2Z7