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Added to YB: 2025-05-07

Pitch date: 2025-04-22

ABT [neutral]

Abbott Laboratories

-1.96%

current return

Author Info

No bio for this author

Company Info

Abbott Laboratories, together with its subsidiaries, discovers, develops, manufactures, and sells health care products worldwide.

Market Cap

$218.2B

Pitch Price

$131.04

Price Target

N/A

Dividend

1.88%

EV/EBITDA

18.47

P/E

15.76

EV/Sales

5.10

Sector

Health Care Equipment and Supplies

Category

growth

Show full summary:
Polen Global Growth Portfolio Holding: Abbott Laboratories

ABT (holding update): Top relative contributor, +16% in Q4. Moving past COVID headwinds, overcoming 2024 NEC litigation in infant formula. Expect low-teens EPS growth for several years as one of world's most durable MedTech companies, with share price now reflecting strong fundamentals heading into 2025.

Read full article (1 min)