Abbott(ABT)
Search documents
3 Buy Rated Stocks to Consider as Earnings Approach
Zacks Investment Research· 2024-04-13 02:01
With the Q1 earnings season underway, there will be a microscope on companies that can continue to show improvements in their outlook amid an uptick in inflation.That said, several top-rated Zacks stocks are standing out before their quarterly report next week, and here are three to consider. Interactive Brokers (IBKR) First quarter results from Interactive Brokers on Tuesday, April 16 are expected to reflect considerable growth in the global electronic security exchange providers' top and bottom lines. Qu ...
What's in Store for Abbott Laboratories (ABT) in Q1 Earnings?
Zacks Investment Research· 2024-04-12 14:56
Abbott Laboratories (ABT) is slated to report its first-quarter 2024 results on Apr 17, before market open.The company posted adjusted earnings per share (EPS) of $1.19 in the last reported quarter, which matched the Zacks Consensus Estimate. In the trailing four quarters, its earnings exceeded the Zacks Consensus Estimate on three occasions and came in line on one occasion, the average beat being 3.15%.Let's see how things have shaped up prior to this announcement.Factors at PlayEstablished Pharmaceuticals ...
7 Healthcare Stocks to Keep Your Portfolio in Tip-Top Shape
InvestorPlace· 2024-04-10 17:22
With rising concerns in the market potentially forcing a strategic shift, investors may want to consider healthcare stocks. No matter what happens, people need access to health-related products and services. It’s one of the essentials of life, which makes the industry such a politically sensitive matter.Besides the critical need, another element that helps bolster the case for healthcare stocks is the underlying diversity. Yes, the sector centers on the pharmaceutical innovation space. However, the arena co ...
Abbott (ABT) Faces Low Testing Demand, Currency Headwinds
Zacks Investment Research· 2024-04-08 15:11
The lack of demand for Abbott’s (ABT) COVID-19 tests has been limiting overall growth. Foreign exchange fluctuations continue to hamper growth as well. The stock carries a Zacks Rank #4 (Sell) currently.Following the official ending of the public health emergency in 2023, Abbott has been experiencing a continuous decline in COVID testing-related demand. In Rapid Diagnostics, sales decreased 49.2% in the fourth quarter of 2023, excluding the effect of foreign exchange, due to the lower demand for COVID-19 te ...
Abbott (ABT) Receives FDA's Approval for the TriClip TEER System
Zacks Investment Research· 2024-04-05 14:56
Abbott Laboratories, Inc. (ABT) recently secured the FDA’s approval for the TriClip transcatheter edge-to-edge repair (TEER) system, which is specifically designed for the treatment of tricuspid regurgitation (TR) or a leaky tricuspid valve. This approval follows the recent recommendation of the Circulatory System Devices Panel of the Medical Devices Advisory Committee for the FDA, whose vote confirmed 13 to 1, with 0 abstentions, that the benefits of TriClip outweighed the risks.The approval helps address ...
Is It Worth Investing in Abbott (ABT) Based on Wall Street's Bullish Views?
Zacks Investment Research· 2024-04-05 14:35
Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sell-side) analysts often affect a stock's price, do they really matter?Before we discuss the reliability of brokerage recommendations and how to use them to your advantage, let's see what these Wall Street heavyweights think about Abbott (ABT) .Abbott currently has an average brokerage recommendation (AB ...
Abbott's (ABT) i-STAT TBI Cartridge Receives FDA Approval
Zacks Investment Research· 2024-04-02 16:21
Abbott Laboratories, Inc. (ABT) recently announced the receipt of the FDA approval for the i-STAT TBI (traumatic brain injury) cartridge. The test runs on Abbott's portable i-STAT Alinity instrument, which uses whole blood to help assess patients with a suspected mild traumatic brain injury (mTBI) or concussion. The test delivers lab-quality results in 15 minutes.The latest development expands Abbott's TBI test offering, fortifying its Diagnostics business.More on for i-STAT TBI cartridgeAbbott's i-STAT TB ...
Abbott (ABT) Declines More Than Market: Some Information for Investors
Zacks Investment Research· 2024-04-01 23:06
The latest trading session saw Abbott (ABT) ending at $112.09, denoting a -1.38% adjustment from its last day's close. This change lagged the S&P 500's 0.2% loss on the day. Elsewhere, the Dow saw a downswing of 0.6%, while the tech-heavy Nasdaq appreciated by 0.11%.Shares of the maker of infant formula, medical devices and drugs witnessed a loss of 4.18% over the previous month, trailing the performance of the Medical sector with its gain of 2.21% and the S&P 500's gain of 3.32%.Market participants will be ...
Want Decades of Passive Income? 2 Stocks to Buy Now.
The Motley Fool· 2024-03-22 08:25
Dividend-paying stocks have generally outperformed those that don't pay dividends over the long term. That's partly because maintaining a healthy dividend requires a solid underlying business. And investors who reinvest those dividends can significantly boost their long-term returns.That said, not every company that pays a dividend is capable of consistency. Many find it necessary in hard times to decrease their payouts or suspend them altogether. Two that are unlikely to do either of those things anytime s ...
3 Stocks to Buy Right Now for the Coming Recession
InvestorPlace· 2024-03-21 21:26
Inflation came in much hotter than expected in February. Core services inflation, which excludes housing, rose 0.5% from January following a 0.9% increase from December. Last month’s gain was twice as fast as it was pre-pandemic, causing the Federal Reserve to rethink interest cutting rate too soon.Consumer spending is weakening as real disposable income fell in January. At the same time, household debt hit an unsustainable $17.5 trillion. Credit card and auto loan debt is also at record levels and rising, ...